SproutNews logo

Today’s Research Reports on Stocks to Watch: Facebook and Twitter

NEW YORK, NY / ACCESSWIRE / January 29, 2018 / Twitter shares blasted off on Friday to experience one-gains the stock hasn’t seen in weeks. It seems that Citron Research thinks Twitter may be a potential takeover target. Shares of Facebook also closed up. It was revealed last week that at least one employee at the company has been interviewed by Robert Mueller over Russian interference in the 2016 Presidential election.

RDI Initiates Coverage on:

Facebook, Inc.
https://rdinvesting.com/news/?ticker=FB

Twitter, Inc.
https://rdinvesting.com/news/?ticker=TWTR

Facebook, Inc. shares closed up 1.34% on about 17.7 million shares traded on Friday. The social networking giant is expected to report its fourth quarter financial results on January 31st. Some analysts believe the Russian advertising on its site may have an impact on earnings. According to a Wired report last week, at least one company employee has been interviewed by special counsel Robert Mueller in regards to the investigation that is on potential Russian interference in the 2016 election. Facebook has said that 129 events were created by Russian agents on its platform during the election campaign according to testimony given to Congress. It was also revealed that Facebook said it no longer provides Kaspersky Lab as a recommended anti-virus option. U.S. security officials have alleged that Kaspersky Lab’s software could enable Russian espionage. Facebook said it is currently in the process of “phasing out internal use of a different Kaspersky antivirus product” that does not transmit data back to Kaspersky Lab.

Access RDI’s Facebook, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=FB

Twitter, Inc. shares closed up 9.52% on nearly 50 million shares traded on Friday. Shares were on fire after Citron Research said in a tweet a day earlier that 2018 was the “year” for Twitter and that Twitter could potentially be a takeover target. It was the biggest one day gain for Twitter shares in a month as traders absorbed the information. Citron has a $35 price target on twitter and thinks that Tencent Holdings, a Chinese social media company, could be the potential acquirer. It was revealed earlier in the month that even Salesforce could be a contender. The companies have declined to comment however. Twitter also recently lost its COO Anthony Noto to SoFi where he will be its next CEO. The company announced on Friday that it is adding new inventory to its platform which will roll out through Moments. The new ad product will be available to “In-Stream Sponsorship” publishers, which according to the company “are customized programs where brands and publishers are paired up on a 1:1 basis.”

Access RDI’s Twitter, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=TWTR

Our Actionable Research on Facebook, Inc. (NASDAQ: FB) and Twitter, Inc. (NYSE: TWTR) can be downloaded free of charge at Research Driven Investing.

Research Driven Investing

We are committed to providing relevant and actionable information for the self-directed investor. Our research is reputed for being a leader in trusted, in-depth analysis vital for informed strategic trading decisions. The nimble investor can leverage our analysis and collective expertise to execute a disciplined approach to stock selection.

RDInvesting has not been compensated; directly or indirectly; for producing or publishing this document.

Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

CONTACT

For any questions, inquiries, or comments reach out to us directly at:

Address:

Research Driven Investing, Unit #901 511 Avenue of the Americas, New York, NY, 10011

Email:

contact@rdinvesting.com

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: RDInvesting.com

ReleaseID: 487079

Go Top