Rosenblatt reiterated coverage of Twitter with a rating of Neutral and set a new price target of $33.00 from $54.20 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/24/2022 | $52.00 → $37.00 | Buy → Neutral | Rosenblatt |
| 8/5/2022 | $50.00 → $45.00 | Positive → Neutral | Susquehanna |
| 7/14/2022 | $33.00 → $52.00 | Neutral → Buy | Rosenblatt |
| 7/11/2022 | $54.20 → $30.00 | Hold | Stifel |
| 7/11/2022 | $54.00 → $35.00 | Neutral | Mizuho |
| 7/11/2022 | $54.20 → $33.00 | Neutral | Rosenblatt |
| 6/29/2022 | $54.00 | Neutral | Wedbush |
| 5/5/2022 | Buy → Hold | Argus |
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New York authorities would be given expanded power to shut down illegal pot shops and levy fines of up to $200,000 under legislation proposed Wednesday by Gov. Kathy Hochul, who is making yet another attempt to protect the stalled legal weed market. The attempt is part of the push to get the state’s potentially billion-dollar adult legal market moving. So far only three legal shops have opened in New York City and two upstate NY. “The continued existence of illegal dispensaries is unacceptable, and we need additional enforcement tools to protect New Yorkers from dangerous products and support our equity initiatives," Hochul said in a statement. Hochul created a $200 million public-private
Xavier Becerra, Biden's secretary of Health and Human Services (HHS) signaled this week that marijuana's federal scheduling status is not likely to be reviewed prior to 4/20, the unofficial cannabis holiday, reported Marijuana Moment. In a recent interview with KDKA-TV Becerra said "we're going to try to move quickly," even though he did not explicitly answer whether the HHS would take any action on the issue by April 20. "It's got to go through a number of hoops and, again, safety and efficacy are what will drive this determination, so stay tuned," the secretary said. Becerra has said in the past that the department would review the status of cannabis as a Schedule I drug as well as unde
Twitter Inc's (NYSE:TWTR) decision to accept cannabis ads represents a massive change that put the social media app on the frontiers of cannabis advertising, which will no doubt be huge. Other advertising giants like Meta Platforms Inc (NASDAQ:META) would be wise to follow suit. However, due to the federal prohibition against cannabis and strict state regulations, Mark Zuckerberg's social media platforms refuse to treat cannabis like any other consumer product category. Meta is clear: it doesn't allow ads that promote or offer the sale of THC (Tetrahydrocannabinol) products or cannabis products that contain related psychoactive components and CBD (Cannabidiol) products or similar cannabino
SAN FRANCISCO, Nov. 29, 2021 /PRNewswire/ -- Twitter, Inc. (NYSE:TWTR) today announced that Jack Dorsey has decided to step down as Chief Executive Officer and that the Board of Directors has unanimously appointed Parag Agrawal as CEO and a member of the Board, effective immediately. Dorsey will remain a member of the Board until his term expires at the 2022 meeting of stockholders. Bret Taylor was named the new Chairman of the Board, succeeding Patrick Pichette who will remain on the Board and continue to serve as chair of the Audit Committee. Agrawal has been with Twitter for more than a decade and has served as Chief Technology Officer since 2017. "I've decided to leave Twitter because I
SAN FRANCISCO, June 9, 2021 /PRNewswire/ -- Twitter, Inc. (NYSE: TWTR) today announced the appointment of Mimi Alemayehou to the Company's Board of Directors as a new independent director, effective immediately. "Mimi's extensive experience overseeing growth in emerging markets in both the public and private sectors will be invaluable as we advance Twitter's mission to serve the public conversation across the world," said Patrick Pichette, independent chair of the Twitter Board. "Mimi shares our commitment to social responsibility and strengthening global communities, and we're eager to benefit from her perspective and regional expertise as we expand Twitter's presence to Ghana and invest i
LOS ANGELES, May 27, 2021 (GLOBE NEWSWIRE) -- Versus Systems Inc. ("Versus" or the "Company") (NASDAQ:VS) (FRANKFURT: BMVB) today announced the appointment of Ms. Jennifer Prince to its Board of Directors. As the Global VP and Head of Content Partnerships for Twitter (NYSE:TWTR), Jennifer is responsible for Twitter's global content arm, working with the world's most renowned and conversation-driving publishers and creators on their creative, distribution and monetization. She leads Twitter's worldwide efforts engaging with media entities and individual creators across TV, film, music, sports, news, lifestyle, and gaming. The addition of Prince to the Board of Directors comes as Versus is
SAN FRANCISCO, July 22, 2022 /PRNewswire/ -- Twitter, Inc. (NYSE:TWTR) today announced financial results for its second quarter 2022. Second Quarter 2022 Operational and Financial Highlights Except as otherwise stated, all financial results discussed below are presented in accordance with generally accepted accounting principles in the United States of America, or GAAP. As supplemental information, we have provided certain additional non-GAAP financial measures in this press release's supplemental tables, and such supplemental tables include a reconciliation of these non-GAAP measures to our GAAP results. The sum of individual metrics may not always equal total amounts indicated due to round
SAN FRANCISCO, April 28, 2022 /PRNewswire/ -- Twitter, Inc. (NYSE:TWTR) today announced financial results for its first quarter 2022. First Quarter 2022 Operational and Financial Highlights Except as otherwise stated, all financial results discussed below are presented in accordance with generally accepted accounting principles in the United States of America, or GAAP. As supplemental information, we have provided certain non-GAAP financial measures in this press release's supplemental tables, and such supplemental tables include a reconciliation of these non-GAAP measures to our GAAP results. The sum of individual metrics may not always equal total amounts indicated due to rounding. Q1 reve
SAN FRANCISCO, April 25, 2022 /PRNewswire/ -- Twitter, Inc. (NYSE:TWTR) today announced that it has entered into a definitive agreement to be acquired by an entity wholly owned by Elon Musk, for $54.20 per share in cash in a transaction valued at approximately $44 billion. Upon completion of the transaction, Twitter will become a privately held company. Under the terms of the agreement, Twitter stockholders will receive $54.20 in cash for each share of Twitter common stock that they own upon closing of the proposed transaction. The purchase price represents a 38% premium to Twitter's closing stock price on April 1, 2022, which was the last trading day before Mr. Musk disclosed his approximat
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Rosenblatt downgraded Twitter from Buy to Neutral and set a new price target of $37.00 from $52.00 previously
Susquehanna downgraded Twitter from Positive to Neutral and set a new price target of $45.00 from $50.00 previously
Rosenblatt upgraded Twitter from Neutral to Buy and set a new price target of $52.00 from $33.00 previously
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NEW YORK, Oct. 27, 2022 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600: Arch Capital Group Ltd (NASD:ACGL) will replace Twitter Inc. (NYSE:TWTR) in the S&P 500 effective prior to the opening of trading on Tuesday, November 1. Elon Musk is acquiring Twitter in a transaction expected to close on October 28.RXO Inc. (NYSE:RXO) will be added to the S&P MidCap 400 prior to the opening of trading on Tuesday, November 1, replacing Bread Financial Holdings Inc. (NYSE:BFH) which will move to the S&P SmallCap 600
Attorneys Phil Brewster, Patrick Mincey and Stephen Bell were recently discussed in an in-depth Washington Post article regarding their representation of a whistleblower who exposed alleged securities violations involving Trump Media & Technology Group Corporation ("Trump Media"). Former President Donald J. Trump is the majority owner of Trump Media, the parent company that operates the conservative social media platform Truth Social. As discussed in the article, the whistleblower was one of the original founders of Truth Social, which was established shortly after former President Trump's permanent suspension from Twitter (NYSE:TWTR) because of the events of Jan. 6, 2021. The Washington P
Attorneys Phil Brewster, Patrick Mincey and Stephen Bell were recently discussed in a Miami Herald article regarding their representation of a whistleblower who exposed alleged securities violations involving Trump Media & Technology Group Corporation ("Trump Media"). Former President Donald J. Trump is the majority owner of Trump Media, which is the parent company that operates the conservative social media platform Truth Social. As discussed in the Miami Herald article, the whistleblower was one of the original founders of Truth Social, which was founded shortly after former President Trump's permanent suspension from Twitter (NYSE:TWTR) because of the events of January 6, 2021. The Miam