Tuesday, December 17, 2013

Epic Research Singapore :Twitter Update

Twitter Inc. TWTR -4.05%  shed 4.1%, hurt by Wells Fargo, downgrading the social-media company to underperform and Sun Trust cutting it to neutral. Investors in Twitter may be underestimating “some challenges facing the company and advertisers to employ the platform,” Wells Fargo said. Sun Trust said Twitter’s “valuation has become stretched,” but it remains “extremely positive on the long term opportunity for the company.”  

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