Twitter (TWTR), Facebook (FB) on Watch as Vine Introduces Messaging
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Go back to Twitter (TWTR), Facebook (FB) on Watch as Vine Introduces Messaging
April 3, 2014 8:22 AM EDT
(Updated - April 3, 2014 1:57 PM EDT)
FireEye, Inc. (Nasdaq: FEYE), Workday, Inc. (NYSE: WDAY), and Splunk, Inc. (NYSE: SPLK) led tech stocks slower on Thursday, as the rout in high growth areas continued ahead of Fridays important jobs number.
Earlier, analyst Blake Harper of Wunderlich commented on the recent correction and possible... More
April 2, 2014 8:33 AM EDT
MKM Partners analyst Rob Sanderson reiterated a Buy rating and $72 price target on Twitter, Inc. (NYSE: TWTR) Wednesday saying their proprietary survey offers encouraging view on user engagement, growth, ads. He also notes TWTR has been a controversial stock. "TWTR is the fastest growing large-cap in the Internet sector and carries the highest valuation," he said. "User growth slowed meaningfully to 30% in Q4, a cause of concern. Investor sentiment remains highly negative and 42mn shares are short, which is about half the float and over 5-days to cover."
Survey results... More
