Here's Morgan Stanley's takeaways on Initiating Twitter at Equal Weight.

Benzinga Takeaways on Morgan Stanley Twitter Initiating at Equal Weight. • 'Network initiatives show promise,' …Twitter is well positioned to benefit from the secular trend of mobile device growth. • Upside Catalyst: If Successful monetization of the sizable logged off visitor and syndication audiences • Potential Downside: Increased competition for users and user engagement driving less time spent on Twitter • Mobile Excellence: “Twitter does have the advantage over more established Internet peers in that it was built for mobile, so transitioning to mobile is not a challenge: Mobile remains the driving force behind Twitter's growth…” As of printing shares of TWTR are down 2% on average volume. Benzinga Color is embargoed from BezingaPro. Content above is delayed by 1.5hrs. To get it live, subscribe to BenzinaPro