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Fly News Breaks for October 28, 2016
TWTR
Oct 28, 2016 | 07:23 EDT
As previously reported, Oppenheimer analyst Jason Helfstein upgraded Twitter to Perform from Underperform saying the stock's valuation now "properly" reflects the challenging fundamental outlook. While there are many unknowns, including the long-term impact of live streaming, product changes to reduce trolling, and the never-ending innovation by competitors, the analyst now sees risk/reward equally weighted.
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