Topeka Capital Says Twitter's Near-Term Concerns Provide Buying Opportunity
Shares of Twitter (NYSE: TWTR) have moved 1.5 percent higher to $49.50 in Tuesday's trading after Topeka Capital analyst Victor Anthony voiced some near-term concerns for the company
In the note, Anthony voices concerns for Twitter's active user growth for the “next several quarters as company initiatives takes hold.” The lock-up expiration in early May could “create share price volatility,” the analyst said.
These concerns “create buying opportunities for investors with a longer-term view. Monetization is not an issue for Twitter.”
Anthony compares Twitter's current situation to Facebook's mobile monetization problems in the past and believes Twitter's MAU growth concerns are “solvable.”
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