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TWTR

Twitter

$17.38

-2.47 (-12.44%)

10:10
10/10/16
10/10
10:10
10/10/16
10:10

Heavy trading in Twitter as shares slump

Heavy trading in Twitter as shares slump. The stock is down $2.44 to $17.41 on surging volume of 24.2M on reports bidders have dropped out. The top trade is a spread, as an investor is apparently selling 11.7K Dec 30 calls at 6c and buying 5.8K Dec 23 calls for 36c, likely rolling a block of calls down 7 strikes. Separately, Oct 14th 18.5 puts are busy with sellers likely closing positions. 10.4K changed hands. 79K calls and 67K puts traded total.

  • 30

    Nov

TWTR Twitter
$17.38

-2.47 (-12.44%)

10/06/16
BMOC
10/06/16
NO CHANGE
BMOC
Twitter acquisition would hurt Salesforce, says BMO Capital
BMO Capital analyst Keith Bachman says that an acquisition of Twitter (TWTR) by Salesforce (CRM) would " offer little strategic fit, would slow revenue growth and would be dilutive to (free cash flow) margins." Bachman thinks that the deal would cause Salesforce's stock to drop significantly,. and he says that the company's stock would be worth $65 if it pulls the trigger on Twitter. The analyst says that Salesforce's current valuation is attractive if it does not buy Twitter. He keeps an $86 price target and Outperform rating on Salesforce.
10/07/16
PIPR
10/07/16
NO CHANGE
Target $100
PIPR
Overweight
Piper sees 'clouds parting' on Salesforce valuation
Salesforce CEO Marc Benioff mostly calmed nerves over a potential Twitter (TWTR) acquisition by saying at the company's analyst day, "While we look at everything, we pass on almost everything," Piper Jaffray analyst Alex Zukin tells investors in a research note. The comment does not completely take a deal for Twitter off the table, but the probability of a transformational acquisition is now "dramatically lower," Zukin contends. As such, the analyst feels the "clouds are parting" on Salesforce's valuation "with sunshine ahead." Zukin believes the company has a "clear line of sight" to $10B in revenue in FY17. He keeps an Overweight rating on the shares with a $100 price target. Salesforce closed yesterday up $2.84, or 4%, to $71.26.
10/07/16
ADAM
10/07/16
NO CHANGE
Target $95
ADAM
Buy
Salesforce worthy of investor consideration at current levels, says Canaccord
Canaccord analyst Richard Davis came away from the Salesforce (CRM) Dreamforce week more enthused about the company's outlook. The analyst noted the company is growing its revenues 3.5 times faster than it legacy peers. Davis noted the company's CEO said they are very disciplined on price when it comes to acquisitions and believes that they would not be interested in Twitter (TWTR) at its rumored asking price of $28 per share. Davis reiterated his Buy rating and $95 price target on Salesforce shares.
10/10/16
JPMS
10/10/16
NO CHANGE
Target $95
JPMS
Overweight
JPMorgan sees 'opportune entry point' for Salesforce
JPMorgan analyst Mark Murphy believes shares of Salesforce (CRM) are at an "'opportune entry point" following the recent selloff. The pullback has been driven by a "slightly soft" Q2 and concerns about a potentially expensive acquisition of Twitter (TWTR), Murphy tells investors in a research note. After speaking to industry contacts at Dreamforce, the analyst sees a path for the "overhangs to fade" with a "better pace of business in Q3/Q4" as well as the eventual fading of the Twitter discussion. Murphy reiterates an Overweight rating on Salesforce with a $95 price target in a research note titled "The Most Valuable Cloud Asset Is Undeservedly Undervalued."

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SPG

Simon Property

$165.04

-0.47 (-0.28%)

, SBUX

Starbucks

$60.56

0.16 (0.26%)

06:09
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Periodicals
Simon, Starbucks reach settlement over Teavana closures, WSJ reports »

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SPG

Simon Property

$165.04

-0.47 (-0.28%)

SBUX

Starbucks

$60.56

0.16 (0.26%)

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GOOG

Alphabet

$1,121.76

-0.5 (-0.04%)

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Alphabet Class A

$1,130.70

0.05 (0.00%)

06:08
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YouTube implements additional requirements for YouTube Partner Program »

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GOOG

Alphabet

$1,121.76

-0.5 (-0.04%)

GOOGL

Alphabet Class A

$1,130.70

0.05 (0.00%)

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TPC

Tutor Perini

$27.00

-0.5 (-1.82%)

06:07
01/17/18
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Tutor Perini subsidiary awarded three new projects for $67M »

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ORBK

Orbotech

$51.47

0.38 (0.74%)

06:05
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Earnings
Orbotech sees FY18 revenue up 12%-14% »

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ORBK

Orbotech

$51.47

0.38 (0.74%)

06:04
01/17/18
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Earnings
Breaking Earnings news story on Orbotech »

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AMRN

Amarin

$4.11

-0.14 (-3.29%)

06:03
01/17/18
01/17
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06:03
Hot Stocks
Amarin initiates clinical development of Vascepa in China »

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NUVA

NuVasive

$51.99

-1.34 (-2.51%)

06:03
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06:03
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NuVasive rating change  »

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GE

General Electric

$18.21

-0.55 (-2.93%)

06:03
01/17/18
01/17
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06:03
Hot Stocks
GE: Peter Stracar to succeed Mark Hutchinson as President and CEO of GE Europe »

GE announces the…

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  • 24

    Jan

KL

Kirkland Lake Gold

$16.74

0.62 (3.85%)

06:03
01/17/18
01/17
06:03
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06:03
Hot Stocks
Kirkland Lake Gold sees FY18 production growth to over 620,000 ounces »

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ORBK

Orbotech

$51.47

0.38 (0.74%)

06:02
01/17/18
01/17
06:02
01/17/18
06:02
Earnings
Orbotech reports preliminary Q4 revenue of about $256M, consensus $250.16M »

Gross margin is expected…

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TWTR

Twitter

$24.66

-0.75 (-2.95%)

06:01
01/17/18
01/17
06:01
01/17/18
06:01
Periodicals
Twitter sued by TWiT for breach of contract, infringement, TechCrunch reports »

Twitter is being sued by…

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  • 17

    Jan

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    Feb

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    Feb

SLGN

Silgan Holdings

$29.29

-0.23 (-0.78%)

, CCK

Crown Holdings

$57.79

-0.31 (-0.53%)

05:58
01/17/18
01/17
05:58
01/17/18
05:58
Downgrade
Silgan Holdings, Crown Holdings, Berry Global, Ball Corp. rating change  »

Silgan Holdings…

SLGN

Silgan Holdings

$29.29

-0.23 (-0.78%)

CCK

Crown Holdings

$57.79

-0.31 (-0.53%)

BERY

Berry Global

$59.13

-1.1 (-1.83%)

BLL

Ball Corp.

$38.39

0.49 (1.29%)

03/08/13
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  • 31

    Jan

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    Feb

ABB

ABB

$28.07

-0.02 (-0.07%)

05:55
01/17/18
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05:55
Downgrade
ABB rating change  »

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  • 22

    Jan

IFF

International Flavors

$152.54

-1.16 (-0.75%)

05:54
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International Flavors rating change  »

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ADNT

Adient

$81.91

-0.51 (-0.62%)

05:54
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Adient rating change  »

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  • 29

    Jan

AEP

American Electric

$67.50

0.04 (0.06%)

05:53
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American Electric rating change  »

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PPG

PPG

$116.64

-1.53 (-1.29%)

05:53
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PPG rating change  »

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  • 18

    Jan

NBR

Nabors Industries

$8.23

0.04 (0.49%)

05:52
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Nabors Industries rating change  »

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  • 15

    May

ETH

Ethan Allen

$28.15

-0.5 (-1.75%)

05:52
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  • 24

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QTS

QTS Realty Trust

$52.47

0.82 (1.59%)

05:50
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05:50
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QTS Realty Trust rating change  »

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LQ

La Quinta

$18.44

-0.03 (-0.16%)

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ASND

Ascendis Pharma

$47.60

1.02 (2.19%)

05:50
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Ascendis Pharma analyst commentary  »

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SHLX

Shell Midstream

$30.74

0.21 (0.69%)

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ENR

Energizer

$59.11

7.49 (14.51%)

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ABB

ABB

$28.07

-0.02 (-0.07%)

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