Does Twitter Need 'Adult Supervision?' This Market Pro Thinks So
MND Partners' Timothy Anderson thinks that Twitter Inc (NYSE: TWTR) needs "adult supervision" that can "plug in" its data to a much larger business model.
Anderson states that if Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) were to acquire Twitter, the downside is that Twitter would become just one of a couple dozen of Google's "projects" that may some day be an integrated part of its core business.
See Also: Twitter And Google, Together Again
So what does Twitter need to really succeed moving forward?
"I think it's a case of needing new senior management, not a new owner, to get the company to the next level," Anderson told Benzinga.
Shares of Twitter traded up 3.7 percent in Thursday's premarket.
Latest Ratings for TWTR
|Oct 2016||Loop Capital||Upgrades||Sell||Hold|
|Oct 2016||Evercore ISI Group||Upgrades||Sell||Hold|
|Sep 2016||Loop Capital||Downgrades||Hold||Sell|
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