Hype = good?
Should You Follow Elon Musk Into Twitter Stock? Wells Fargo Weighs In
That remains to be seen, although Fitzgerald does make the point that Twitter has a “track record of compromise with activist investors.” Should Musk push for a change of strategy, however, Fitzgerald warns that “brand monetization could suffer.”All in all, Fitzgerald reiterates an Equal Weight rating on Twitter shares, while his $42 price target implies ~18% downside from current levels.Most analysts agree with Wells Fargo’s stance; 17 other analysts remain on the sidelines and with another 8
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