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Wall Street Consensus On Twitter: Sell The Stock

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Wall Street Consensus On Twitter: Sell The Stock

Shares of Twitter Inc (NYSE: TWTR) continued trading lower on Friday after Thursday's disappointing earnings report resulted in a more than 10 percent selloff in the stock.

14 Voices From The Street

Here is a roundup of the mostly unanimous bearish outlook from Wall Street's top analysts following the earnings report:

  1. Trip Chowdhry of Global Equities research reiterated his view that the social media sector is near the end and Twitter's stock should be valued at just $10 per share.
  2. Analysts at Morgan Stanley slashed their price target on Twitter's stock from $13.50 to $10.
  3. Analysts at Loop Capital downgraded Twitter to Sell from Hold with a price target lowered to $10 from a previous $16.
  4. Aegis Capital's Victor Anthony lowered his price target on Twitter's stock to $12 from a previous $14.
  5. Wedbush's Michael Pachter lowered his price target on Twitter's stock to $13 from a previous $14.
  6. RBC Capital's Mark Mahaney reiterated an Underperform rating with a price target lowered to $12 from a previous $14.
  7. Analysts at Atlantic Equities downgraded Twitter to Underweight from Neutral with a price target lowered to $13 from a previous $16.
  8. Pivotal's Brian Wieser is slightly more optimistic on Twitter's stock and placed a $15 valuation, which is lower than his prior $17 target.
  9. Analysts at Deutsche Bank downgraded Twitter to Hold from Buy with a price target lowered to $15 from a previous $22.
  10. Analysts at SunTrust commented that Twitter's stock will continue falling and become even more dire in 2017 as major brands re-evaluate their budget allocations.
  11. Analysts at Cowen downgraded Twitter's stock to Underperform from Market Perform.
  12. Analysts at Raymond James also downgraded Twitter's stock to Underperform from Market Perform.
  13. Analysts at UBS downgraded Twitter to Sell from Neutral.
  14. Analysts at Citigroup downgraded Twitter to Sell from Neutral.

Latest Ratings for TWTR

DateFirmActionFromTo
Nov 2020Morgan StanleyMaintainsEqual-Weight
Nov 2020Canaccord GenuityMaintainsHold
Oct 2020OppenheimerMaintainsOutperform

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View the Latest Analyst Ratings

 

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