Twitter: Sell, Says RBC; Ad Age Survey Finds Dwindling Value

Tech Trader Daily
By Tiernan RaySep 22, 2016, 4:29 pm52 pts
Shares of Twitter (TWTR) are down 38 cents, or 2%, at $18.25, after RBC Capital’s Mark Mahaney this afternoon cut his rating on the shares to Underperform from Market Perform, and cut his target to $14 from $17, warning that the company’s "value proposition to advertisers could be waning, based on our…

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