Notable Downgrades: Twitter (TWTR), Caterpillar (CAT), Yelp (YELP), eBay (EBAY), American Express (AXP)
September 24, 2015 at 14:01 PM EDT
Twitter, Inc. (TWTR) was reiterated a ‘Neutral’ by Citigroup (C) analysts on Thursday. The firm also cut its price target on the stock to $30 from $37. On valuation measures, Twitter Inc. stock it’s trading at a forward P/E multiple of 40.94x this year’s estimated earnings. The t-12-month revenue at Twitter is $1.78 billion. TWTR […] View the full post at: Notable Downgrades: Twitter (TWTR), Caterpillar (CAT), Yelp (YELP), eBay (EBAY), American Express (AXP) Related posts: Insider Selling: Twitter (TWTR) CEO Unloads $5M Worth of Stock Skype Founders Showing Interest in Buying the Service Back from Ebay eBay Looking to Sell StumbleUpon