TWTR Stock Rating: “Underperform” from Bank of America
TWTR Stock Price Target: $36
% Downside for TWTR: -12%
The most bearish of Twitter stock analysts was Bank of America, as it expects TWTR to fall in the double digits from here.
Why was BoA so down on TWTR stock? The report said, “Twitter is a top mobile and social play in a thematically focused investment environment, and is still early in its opportunity to capitalize on its interest graph … However, with the stock discounting outstanding execution and upside potential at 21x 2015 EV/Sales (vs. group at 7.5x), we have lower conviction on near-term stock upside vs. peers.”
As of this writing, Alyssa Oursler did not hold a position in any of the aforementioned securities.