Topeka Capital Says Twitter's Near-Term Concerns Provide Buying Opportunity

Shares of Twitter 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 ,b>Facebook's mobile monetization problems in the past and believes Twitter's MAU growth concerns are “solvable.”
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Posted In: Analyst ColorAnalyst RatingsTopeka CapitalVictor Anthony
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