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Fly News Breaks for April 15, 2015
TWTR
Apr 15, 2015 | 08:02 EDT
Baird noted the abrupt rise in live streaming apps such as Twitter's Periscope may lead it to be the next big thing in social media. The firm views Periscope's early success as a positive development, coinciding with the improving pace of innovation at the company. The recent increase in ad loads provide some upside potential for Q1 results and guidance, says Baird, which maintained its Neutral rating and $55 price target on Twitter shares.
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