Twitter Plummets 16%: Here’s What The Street Thinks

Courtesy of Benzinga.

Despite reporting better-than-expected Q1 earnings after the closing bell Tuesday, Twitter Inc (NYSE: TWTR) plummeted more than 16 percent Wednesday.

Negatives from the print included weak revenue for the quarter and a downbeat revenue forecast for Q2.

Positives, however, included EBITDA and MAUs for the quarter ahead of expectations.

Voices From The Street

Bank Of America: Benzinga’s Top Downgrades, BoA Downgrades Twitter

Barclays: Questioning Twitter’s Ability To Grow New Users

Goldman Sachs: Keeping Buy Rating On Twitter, Sets $22 Price Target

JPMorgan: Downgrades Twitter, But Still Bullish On Its Use Case

Pacific Crest: Twitter’s Macro Commentary Is The Real Worry (Especially After Yahoo’s Comments)

SunTrust Robinson Humphrey: Increased Risks For Twitter May Already Be Baked Into Shares

Twitter closed down 16.3 percent at $14.86.

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