Sign up for FREE access to our Commentary & Past Stock Picks
One of the Top Tech Stocks is on Sale. The CymorFund Blog is a subscription service. Blogs about stock picks we add to our portfolio are available immediately only to Premium subscribers. All Subscribers have immediate access to the other categories of our Blogs, including Stock Picks that we have sold.
Just a quick note tonight. Twitter has been hammered. It results were better than expected in some ways, but revenue missed expectations.
That and a snafu on the release timing devastated the stock. Combined with a number of analysts that downgraded the stock today. See the following list of downgrades.
TWTR | Axiom downgrades Twitter (NYSE: TWTR) from Buy to Hold and lowers the price target from $63.00 to $45.00. |
TWTR | Barclays downgrades Twitter (NYSE: TWTR) from Overweight to Equal-weight and lowers the price target from $60.00 to $44.00. |
TWTR | Janney Capital downgrades Twitter (NYSE: TWTR) from Buy to Neutral and lowers the price target from $53.00 to $44.00. According to Reuters. |
TWTR | Rosenblatt downgrades Twitter (NYSE: TWTR) from Buy to Neutral.-sources |
Targets
A more comprehensive report will follow.
This website and authors’ opinions are intended to be informative, but information contained is not guaranteed as being accurate or a complete statement or summary of available data. We assume no responsibility for errors, omissions, or contrary interpretation of the subject matter herein. Any perceived slights, omissions, or mis-statements of persons, peoples, or organizations or other published materials are unintentional. This information is not intended for use as a source of legal, business, accounting or financial advice, & readers are advised to seek services of competent professionals. No representation is made or implied that the reader will do well from using the suggested techniques, strategies, methods, systems, or ideas; rather information is presented for news value only. We do not assume any responsibility or liability whatsoever for what you choose to do with this information.
We may or may not have positions in securities we name. In making an investment decision consider numerous factors such as portfolio balancing, timing, cash and capital reserves, asset allocation and other. Do your own research. Matters discussed contain forward-looking statements that are subject to risks and uncertainties and actual results may differ materially from any future results, performance or achievements expressed or implied. Views expressed are opinions and not investment advice. You should retain a licensed professional to guide you. This report is neither a solicitation nor a recommendation to buy or sell securities. We are not a registered investment advisor nor a broker-dealer.