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Fly News Breaks for April 27, 2015
TWTR
Apr 27, 2015 | 07:15 EDT
As previously reported, SunTrust downgraded Twitter to Neutral from Buy, ahead of Tuesday's Q1 earnings report. The firm expects a strong Q1 report, but lowered its rating due to negative risks that could keep shares range-bound near-term that include decelerating Q2 MAU net add guidance, engagement concerns, and monetization levels, among other reasons. Price target lowered to $50 from $58.
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