My take on Twitter's earnings announcement, out tonight after the closing bell, was just published on Benzinga, the parent company for Marketfy. Here is a link to the original: http://www.benzinga.com/analyst-ratings/analyst-co...
Benzinga Staff Writer
February 05, 2015 2:22pm Comments
Related TWTR
With Twitter Inc’s (NYSE: TWTR) earnings call looming, the stock is buzzing in the news and social media. Dr. Thomas Carr, founder of DrStoxx.com and chief investment strategist for Street Authority, expressed a few of his thoughts to Benzinga.
“Twitter's CEO, Dick Costolo will have to be out front and aggressive on the call if he wants to keep his job. The company should be able to meet the net income number of $41 million. But has the company overcome years of dysfunction to finally get some healthy growth in new users?”
Carr concluded, “The recently enhanced functionality -- especially the new Google gig -- should boost investor confidence. But if Twitter misses, Costolo is out of a job."
Twitter’s stock hit $42.47 on Thursday morning, but started loosing some ground in the afternoon.
Shares recently traded at $41.18, up 1.1 percent.
Date | Firm | Action | From | To |
---|---|---|---|---|
Jan 2015 | OTR Global | Downgrades | Positive | |
Dec 2014 | Oppenheimer | Initiates Coverage on | Perform | |
Dec 2014 | Pivotal Research | Upgrades | Hold | Buy |