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TWTR

Twitter

$20.58

-0.21 (-1.01%)

06:38
12/01/17
12/01
06:38
12/01/17
06:38

Twitter to launch 'Lite' app in 24 new countries, TechCrunch reports

Twitter is launching its "Lite" version in two dozen countries across Africa, Asia, Europe, the Middle East and Latin America after its trial of the app in the Philippines led to an over 50% increase in tweets, TechCrunch reports. The app, which Twitter has reduced in size to under 3MB, was designed to minimize data usage to make the platform more accessible in developing countries where data is too costly. Reference Link

  • 07

    Dec

TWTR Twitter
$20.58

-0.21 (-1.01%)

11/03/17
11/03/17
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Twitter (TWTR) upgraded to Buy from Hold at Argus with analyst Jim Kelleher citing an increase in user engagement, strong growth in adjusted EBITDA, and anticipated return to annual revenue growth next year. 2. Mattel (MAT) upgraded to Neutral from Underperform at DA Davidson with analyst Linda Bolton Weiser saying while the company suspended its dividend and saw a 51% decline in operating profit, she is positive on the company's 2-year $650M cost reduction program and plans to reduce its product range. 3. Wingstop (WING) upgraded to Buy from Hold at Stifel with analyst Chris O'Cull saying he thinks the consensus 2018 same-restaurant sales projection of 3% growth will prove conservative. 4. CACI (CACI) upgraded to Buy from Hold at Noble Financial with the firm's analyst saying the market overreacted to bookings and pipeline news, and views the pullback as a buying opportunity. 5. Regeneron (REGN) upgraded to Neutral from Underperform at Baird with analyst Brian Skorney citing better than expected Dupixent sales. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
11/06/17
SBSH
11/06/17
UPGRADE
Target $20
SBSH
Neutral
Twitter upgraded to Neutral from Sell at Citi
Citi analyst Mark May upgraded Twitter to Neutral and raised his price target for the shares to $20 from $15. The stock closed Friday up 19c to $19.90. The analyst highlights Twitter's recent stability in user metrics, advertising product improvements and recent success in signing video partner deals. He views the current valuation as fair, noting the shares have underperformed peers year-to-date despite rallying 41% from the post-Q2 earnings report lows.
11/06/17
11/06/17
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Twitter (TWTR) upgraded to Neutral from Sell at Citi with analyst Mark May saying he views the current valuation as fair, noting the shares have underperformed peers year-to-date despite rallying 41% from the post-second quarter earnings report lows. 2. Cree (CREE) upgraded to Buy from Hold at Deutsche Bank with analyst Vishal Shah saying the company's Wolfspeed business opportunity remains underappreciated even after the rally attributed to the CEO transition announcement. 3. Hyatt (H) upgraded to Outperform from Market Perform at Wells Fargo with analyst Jeffrey Donnelly saying the company's shift to a fee-driven model should lead to a higher multiple. 4. Kroger (KR) upgraded to Buy from Neutral at Northcoast. 5. Dentsply Sirona (XRAY) upgraded to Outperform from Market Perform at Barrington. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
11/30/17
MKMP
11/30/17
NO CHANGE
Target $21.5
MKMP
Neutral
Twitter price target raised to $21.50 from $18 at MKM Partners
MKM Partners analyst Rob Sanderson raised his price target on Twitter to $21.50 based on his new 2019 estimates. Sanderson says that while the company shows signs of a turnaround, valuation already reflects the expected return of mid-teens growth or higher. The analyst keeps his Neutral rating, noting that his 14-times multiple on 2019 EBITDA estimate is a "generous valuation" that recognizes the "uniqueness of the Twitter network" and the ongoing efforts by management to execute a "difficult turnaround".

TODAY'S FREE FLY STORIES

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LivePerson

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HUSKF

Husky Energy

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COP

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DB

Deutsche Bank

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T

AT&T

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BMY

Bristol-Myers

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WFC

Wells Fargo

$59.40

-0.93 (-1.54%)

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  • 15

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HBAN

Huntington Bancshares

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-0.23 (-1.55%)

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ASB

Associated Banc-Corp

$25.10

-0.2 (-0.79%)

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UBS

UBS

$17.90

0.035 (0.20%)

18:05
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Periodicals
UBS Wealth Management president Zeltner close to stepping down, Bloomberg says »

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PFE

Pfizer

$36.64

0.06 (0.16%)

18:03
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Pfizer announces FDA approves IXIFI, a biosimilar to Remicade »

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  • 04

    Jan

CNP

CenterPoint Energy

$28.40

0.02 (0.07%)

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CenterPoint Energy raises quarterly dividend 4% to 27.75c per share »

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MDXG

MiMedx

$11.99

-0.26 (-2.12%)

18:03
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Recommendations
MiMedx analyst commentary at Piper Jaffray »

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  • 13

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CE

Celanese

$108.31

1.34 (1.25%)

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WAL

Western Alliance

$57.30

-1.25 (-2.13%)

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USB

U.S. Bancorp

$54.60

-0.9 (-1.62%)

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  • 17

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WBS

Webster Financial

$56.16

-0.73 (-1.28%)

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  • 14

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HSBC

HSBC

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0.89 (1.76%)

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WTR

Aqua America

$37.59

0.32 (0.86%)

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  • 17

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MSFT

Microsoft

$85.35

-0.23 (-0.27%)

17:38
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  • 18

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TCF

TCF Financial

$20.24

-0.16 (-0.78%)

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CMA

Comerica

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  • 16

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CMCM

Cheetah Mobile

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UBS

UBS

$17.89

0.03 (0.17%)

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