Notable Downgrades: Twitter (TWTR), Yahoo (YHOO), Harley-Davidson (HOG), Chipotle Mexican Grill (CMG), VMware (VMW)
October 21, 2015 at 13:26 PM EDT
Analysts at Morgan Stanley (MS) downgraded Twitter, Inc. (TWTR) from ‘Equal-Weight’ to ‘Underweight’, noting limited user growth an declined engagement and a lack of advertiser demand. The target price for TWTR is lowered from $36 to $24. On valuation measures, Twitter Inc. stock it’s trading at a forward P/E multiple of 46.73x next year’s estimated […] View the full post at: Notable Downgrades: Twitter (TWTR), Yahoo (YHOO), Harley-Davidson (HOG), Chipotle Mexican Grill (CMG), VMware (VMW) Related posts: Insider Selling: Twitter (TWTR) CEO Unloads $5M Worth of Stock Harley Davidson: First Loss in 16 Years Harley’s Valuation Looks Too Rich
