Twitter, Inc. Announces $1.0 Billion Convertible Notes Offering

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Go back to Twitter, Inc. Announces $1.0 Billion Convertible Notes Offering

Twitter (TWTR) $1B Conv Offering Seen as 'Opportunistic' - Stifel

June 6, 2018 1:49 PM EDT

Stifel analyst John Egbert weighed in on Twitter (NYSE: TWTR after the company announced plans to offer $1.0B convertible senior notes due in 2024 via a private placement.

Egbert views the transaction as opportunistic given the company's addition to the S&P 500, effective prior to the market open tomorrow,... More

Twitter, Inc. (TWTR) PT Raised to $50 at Argus; Will Join S&P 500

June 6, 2018 8:23 AM EDT

Argus raised its price target on Twitter, Inc. (NYSE: TWTR) to $50.00 (from $40.00) while maintaining a Buy rating. The company will become a component stock in the S&P 500, stepping into the opening created by Bayer's acquisition of Monsanto. Analyst Jim Kelleher believes... More