SunTrust Sees Negative Investor Sentiment Into EPS For Twitter

Courtesy of Benzinga.

In a report published Monday, SunTrust Robinson Humphrey analyst Robert S. Peck reiterated a Buy rating and $58.00 price target on Twitter Inc (NYSE: TWTR).

In the report, SunTrust Robinson Humphrey noted, “Twitter will report earnings on Feb 5th, and we feel investor sentiment around the story remains largely negative following the 3Q report (4Q implied MAU guidance). We sense it shifted partially toward neutral after the analyst day presentation and case for monetization of both logged-in and logged-out users as well as new products. However, the majority of investors we speak with continue to have concerns over the long term story for monetization and MAU growth.”

Twitter closed on Friday at $39.42.

Posted-In: Robert S. Peck SunTrust Robinson HumphreyAnalyst Color Reiteration Analyst Ratings