Can Twitter Stock (NYSE:TWTR) Make A Comeback In 2016?
> Twitter stock has endured a dreadful year in 2015, as its user growth slowed down drastically. Twitter is now experimenting with trying to monetize its large number of logged out users. Can Twitter stock finally make a comeback in 2016? Just when the investing world was starting to celebrate Twitter's innovative move to monetize logged out users, part of Wall Street remains cynical and is saying that the move won't do much to help Twitter compete with social media sites such as Facebook (NASDAQ:FB) , Snapchat, and Instagram: "[W]e find TWTR continuing to cede ground to faster growing competitors, such as Instagram and Snapchat, despite Twitter's multiple product improvements made this year," Evercore's Ken Sena writes (Hold rating) after taking into account both November ComScore data as well as Evercore survey results. Sena cut his TWTR target by $3 to $22, which matches the Street's low.Read full article from Can Twitter Stock (NYSE:TWTR) Make A Comeback In 2016?
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