Twitter: Pivotal Cuts to Hold; Valuable Service But in Its Niche

Tech Trader Daily
By Tiernan RayMar 25, 2015, 12:26 pm157 pts
Shares of Twitter (TWTR) are down $1.55, or 3%, at $49.92, after Pivotal Research Group’s Brian Wieser cut his rating on the shares to Hold from Buy, while maintaining his $51 price target, contending the company’s service is a “niche.” Wrote Wieser “Where we have been negative much of the time since…

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