- Loop Capital analyst Alan Gould lowered the price target on Twitter Inc TWTR to $65 from $84, implying 46.5% upside, and reiterated a Buy.
- Gould states that not many investors see the potential for the company to generate 25% topline growth, raising an "unanswered question" on margin outlook and overhang for the stock after Twitter indicated that expenses would grow beyond the 25% floor already in place with existing programs.
- Gould adds that achieving Twitter management's 315 million DUA target for 2023 seems "aggressive," and the sell-side is already 7% below this goal.
- Price Action: TWTR shares traded lower by 0.34% at $44.21 in the premarket session on the last check Wednesday.
Loading...
Loading...
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in