Twitter, Inc. (TWTR) stock fell 3% after it was downgraded by Morgan Stanley to underweight from equal-weight and set its price target for the social media company to $33. Morgan Stanley also called Twitter a riskier pick than social media rival Facebook.
First Solar (FSLR) tumbled nearly 10% after it was downgraded by Goldman Sachs to sell from buy and set a price target at $45. Goldman analysts cited the company as not being positioned adequately for industry shifts.
The Men's Wearhouse (MW) saw shares rise over 2% after it upped its bid for Jos. A Bank (JOSB), which also saw shares rise over 2%. After seeing its offer of $55 per share back in November turned down by Jos A. Bank, Men's Wearhouse decided to up its offer to $57.50 a share.
Tell Us What You Think!
Post something in the comments section below.
- Professional Services
- Investment & Company Information
- Morgan Stanley
- Liberty Media