Twitter Upgraded With An Eye On User Growth

By | July 15, 2014

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Twitter (TWTR) still needs to prove that it can attract a mainstream audience, says an analyst who on Tuesday nevertheless upgraded Twitter stock to neutral, or hold. Macquarie Research analyst Ben Schachter upped his rating from underperform, or sell. But Schachter said that despite Twitter’s “improving” financial results, he’s reluctant to recommend the stock until the company can improve its user growth. “In order to make the jump from niche to Scalper1 News

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