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Fly News Breaks for April 24, 2019
TWTR
Apr 24, 2019 | 09:03 EDT
Jefferies analyst Brent Thill raised his price target for Hold-rated Twitter to $41 from $33 saying the company yesterday "surprised to the upside" on daily active users. The analyst, however, still sees work to be done to fix Twitter's underlying platform for advertisers and users. He's encouraged by the company's better monetization, but worries that with the stock up 38% year-to-date, it is outperforming fundamental drivers.
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