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Fly News Breaks for October 5, 2015
TWTR
Oct 5, 2015 | 08:46 EDT
Baird analyst Colin Sebastian said he "naturally" has concerns about Jack Dorsey's dual role as CEO of both Twitter and Square, but he still views the appointment as a positive development that settles a major source of uncertainty for the company. Sebastian also applauds the promotion of Adam Bain to COO, stating that the executive is "well-liked and respected" both inside and outside of the company. The analyst, who sees user acquisition, pace of improvement and long-term monetization as among Twitter's major challenges, keeps a Neutral rating on the stock.
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