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Wendy Boyd

MKM Partners: Twitter Has Potential For 30-40% Annual Returns


Twitter Inc TWTR 0.85% shares experienced a pullback after the social media platform's July 27 second-quarter earnings release as traders reacted to a decline in monthly active user metrics and sour guidance. The stock movement amounts to a healthy reset amid strong fundamental momentum, according to MKM Partners. 

The Analyst

MKM's Rob Sanderson maintained a Buy rating on Twitter with a $43 price target.

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