Market Overview

UPDATE: Cantor Fitzgerald Downgrades Twitter on Current Valuation


In a report published Wednesday, Cantor Fitzgerald analyst Youssef Squali downgraded the rating on Twitter (NYSE: TWTR) from Buy to Hold, but reiterated the $32.00 price target.

In the report, Cantor Fitzgerald noted, “We're downgrading TWTR to HOLD (from BUY) while maintaining a $32 PT, given the shares' 60% rise since IPO. While we remain fans of the service and believe the growth potential is real and significant, we find the current valuation excessive, discounting much of the short-term upside. We move to the sidelines until management begins showing proof of further upside to consensus estimates; we favor FB instead.”

Twitter closed on Tuesday at $41.75.

Latest Ratings for TWTR

Jan 2020MaintainsBuy
Jan 2020MaintainsEqual-Weight
Jan 2020DowngradesBuyNeutral

View More Analyst Ratings for TWTR
View the Latest Analyst Ratings

Posted-In: Cantor Fitzgerald Youssef SqualiAnalyst Color Downgrades Analyst Ratings


Related Articles (TWTR)

View Comments and Join the Discussion!

Latest Ratings

YAYOAegis CapitalInitiates Coverage On3.3
ASPNCanaccord GenuityReiterates12.0
FFIVCredit SuisseMaintains160.0
FFIVRBC CapitalMaintains147.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at