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Fly News Breaks for July 27, 2016
TWTR
Jul 27, 2016 | 06:58 EDT
JPMorgan analyst Doug Anmuth says the Twitter story is mostly unchanged following its Q2 results. Deceleration in revenue and slow engagement growth continue, the analyst tells investors in a post-earnings research note. Anmuth needs to see "significant acceleration" in revenue and users to be more optimistic on the shares. He cut his price target for Twitter to $16 from $18 and keeps a Neutral rating on the name.
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