Twitter Initiation Report Cautious On User Growth

By | November 3, 2014

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Microblog Twitter (TWTR) has slower user growth ahead but also an opportunity in converting logged-off users into registered ones, said Morgan Stanley in initiating coverage of Twitter stock on Monday. Twitter’s “monthly active users in the U.S. have likely peaked in 2014,” wrote Morgan Stanley analyst Benjamin Swinburne in a report, where he rated Twitter stock equal weight, with a price target of 42. Also on Monday, investment bank Monness Scalper1 News

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