Market Overview

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.”

Posted-In: Topeka Capital Victor AnthonyAnalyst Color Analyst Ratings

 

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