Twitter (TWTR) Staff 'Super Stressed' Over Elon Musk's Decision Not to Join Board

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Go back to Twitter (TWTR) Staff 'Super Stressed' Over Elon Musk's Decision Not to Join Board

Wells Fargo Sees Potential for Musk Sell Tesla (TSLA) Shares to Fund Twitter (TWTR) Bid

April 14, 2022 12:25 PM EDT

Wells Fargo analyst Colin M. Langan reiterated an Equal Weight rating and $910.00 price target on Tesla (NASDAQ: TSLA).

The analyst comments "This morning TSLA CEO, Elon Musk, launched a hostile takeover bid of Twitter for $54.20 per share, valuing the company at $43B. The offer is non-binding and contingent on several factors,... More

Jefferies on Twitter, Inc. (TWTR): 'Expect "No" on Musk's $54.20 Offer'

April 14, 2022 11:09 AM EDT

Jefferies analyst Brent Thill reiterated a Hold rating and $48.00 price target on Twitter, Inc. (NYSE: TWTR).

The analyst comments "There is downside risk to the stock if TWTR rejects the $54.20 offer. In his brief letter, Musk highlighted that his offer is final and there will be no "back-and-forth game". Musk does not believe that he can influence the company as a public investor, and may... More