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Fly News Breaks for April 29, 2015
GOOGL, GOOG, TWTR
Apr 29, 2015 | 08:35 EDT
Canaccord noted Twitter (TWTR) reported mixed Q1 results but said its growth thesis remains intact. The firm cited its conservative guidance, potential for improvement in the second half of the year, and its soon to be launched deal with Google (GOOG). Canaccord reiterated its Buy rating but lowered its price target to $52 from $56 on Twitter shares.