Deutsche Bank Sees Twitter (TWTR) with Strong Q4 Guidance; Sees M&A Multiple Comparable to LinkedIn (LNKD)
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Go back to Deutsche Bank Sees Twitter (TWTR) with Strong Q4 Guidance; Sees M&A Multiple Comparable to LinkedIn (LNKD)
October 11, 2016 6:24 AM EDT
Evercore ISI upgraded Twitter, Inc. (NYSE: TWTR) from Sell to Hold and maintains a price target of $17.00.
Analyst Ken Sena commented, "The rating improvement reflects the recent fallout in share price from a stalled sale process, which now places shares more in line... More
October 10, 2016 3:53 PM EDT
Twitter (NYSE: TWTR) moves of lows and Salesforce (NYSE: CRM) pares gains on reports from Reuters Salesforce is considering a 'lowball offer' for Twitter in the coming day.
TWTR is down 10.6%, while CRM is up 5.6%.
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October 10, 2016 3:46 PM EDT
By Greg Roumeliotis and Liana B. Baker
(Reuters) - Salesforce.com Inc (NYSE: CRM) is still deliberating whether it should make an offer for Twitter Inc (NYSE: TWTR) in the face of resistance from Salesforce shareholders over the strategic merits and valuation of such a deal, people familiar with the matter said on Monday.
Twitter shares have lost as much as a third of their value since Oct. 5 on concerns the company has attracted less interest from potential acquirers than previously envisaged. It now has a market capitalization... More
October 10, 2016 3:08 PM EDT
(Update)
Barkers told FBN's Charles Gasparino that Twitter (NYSE: TWTR) will be sold but the question is at what price.
The report said the stock needs to fall to around $14 before a sale.... More
October 10, 2016 12:49 PM EDT
Twitter (NASDAQ: TWTR) stock has been brutalized over the past few days as potential suitors for the company continue to bow out and a sale looks 'dead in the water'. However, today the company's service received some much-needed emotional support from a notable tech... More
