Guggenheim initiates Twitter, Alphabet stocks at buy while taking cautious view of Facebook and Snap [MarketWatch]
Twitter, Inc. (TWTR)
Last twitter, inc. earnings: 4/30 07:00 am
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Source: MarketWatch
Guggenheim initiates Twitter, Alphabet stocks at buy while taking cautious view of Facebook and Snap Guggenheim analyst Michael Morris initiated coverage of both Twitter Inc. TWTR, -3.40% and Alphabet Inc. GOOGL, -1.08% GOOG, -1.04% shares at buy on Thursday, while starting coverage of Facebook Inc. FB, -1.52% and Snap Inc. SNAP, -4.59% shares at hold. Morris argued that Twitter "will continue to bolster the user experience" through efforts to improve the "health" of its platform, and he sees the company as well positioned to capture greater advertising spend. As for Alphabet, he wrote that the company's "unique combination of intellectual property, employee talent and financial resources" should help it exceed growth expectations. Morris took a more muted view of Snap's prospects, writing that the company needs to improve its Android app in order to deliver "reinvigorated" growth. He's cautious on the company's original-video efforts given steep competition in the spa
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