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Fly News Breaks for January 22, 2020
TWTR
Jan 22, 2020 | 05:12 EDT
Pivotal Research analyst Michael Levine raised his price target for Twitter to $37 from $35 after rolling forward his valuation framework by a year. The analyst keeps a Buy rating on the shares. Levine thinks Twitter management is making the right decisions for the business, though he admits that it is "hard to get material upside" to the stock until you see revenues re-accelerate in the second half of 2020.
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