Twitter Announces Third Quarter Results
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UPDATE: Oppenheimer Upgrades Twitter, Inc. (TWTR) to Perform
October 28, 2016 6:41 AM EDT(Updated - October 28, 2016 9:44 AM EDT)
Oppenheimer upgraded Twitter, Inc. (NYSE: TWTR) from Underperform to Perform. Analyst Jason Helfstein thinks the stock's valuation properly reflects fundamental outlook.
"While there are many unknowns, such as the long-term impact of live streaming (on engagement,... More
Evercore Trims Ests on Twitter (TWTR) Following Q3 Results; Workforce Reduction, Q4 Outlook Provide Uncertainty
October 27, 2016 3:47 PM EDTEvercore ISI affirms Twitter (NYSE: TWTR) at Hold with a price target of $17 following Q3 results and outlook offered earlier in the session.
Analyst Ken Sena commented, Despite better than expected user growth stemming from machine learning related product improvements, which drove higher than expected top and bottom-line performance for the quarter, formal FY16 revenue guidance was suspended due to uncertainty stemming from a sales restructuring to occur over 4Q. Specifically for the quarter, MAUs of 317mm (3% y/y) were 3mm/1mm higher than us/Street which along... More
Twitter (TWTR) to discontinue Vine
October 27, 2016 12:12 PM EDTTwitter (NYSE: TWTR) to discontinue Vine
... MoreTwitter (TWTR) CEO Dorsey declines to comment on sale rumors; says board focused on creating value - Bloomberg
October 27, 2016 8:06 AM EDTTwitter (NYSE: TWTR) CEO Jack Dorsey declines to comment on sale rumors, says board is focused on creating shareholder value, according to Bloomberg, citing today's conference call.
... More