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Jefferies on Twitter, Inc. (TWTR): 'Expect "No" on Musk's $54.20 Offer'

April 14, 2022 11:09 AM EDT

Jefferies analyst Brent Thill reiterated a Hold rating and $48.00 price target on Twitter, Inc. (NYSE: TWTR).

The analyst comments "There is downside risk to the stock if TWTR rejects the $54.20 offer. In his brief letter, Musk highlighted that his offer is final and there will be no "back-and-forth game". Musk does not believe that he can influence the company as a public investor, and may... More