Twitter stock falls after downgrade
Guggenheim analyst Michael Morris pumped the brakes on Twitter Inc. shares Friday after the stock’s big post-earnings rally in Thursday’s session. “We expect Twitter will continue to expand its position as a top global network for news and conversation, though we see long-term value creation potential as more fairly valued at current levels,” wrote Morris, who lowered his rating on the stock to neutral from buy while upping his price target to $36 from $34. While he sees room for the company to

Read in MarketWatch:

Shared from Apple News