Twitter blames Musk, weak ad market for drop in revenue
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Evercore ISI Comments on Twitter, Inc. (TWTR) Q2 2022 Results, 'intrinsically soft print'
July 22, 2022 11:08 AM EDTEvercore ISI analyst Mark Mahaney reiterated an In Line rating and $54.20 price target on Twitter, Inc. (NYSE: TWTR).
The analyst comments "Overall, Twitters topline performance offered little surprises especially on the heels of Snaps earnings. On a reported basis, Twitters Ad Revenue grew 2% Y/Y in Q2,... More
Citi Comments on Twitter, Inc. (TWTR) Q2 2022 Results
July 22, 2022 11:04 AM EDTCiti analyst Ronald Josey reiterated a Neutral rating and $36.00 price target on Twitter, Inc. (NYSE: TWTR).
The analyst comments "Not surprisingly, Twitters 2Q22 results were impacted by advertising headwinds associated with a weakening macro-economic environment as well as uncertainty associated with its... More
