AllAnalyst Report
logoArgusJuly 23, 2021

Twitter, Inc.: Accelerating advertising revenue, new strategies; reiterating BUY

Symbols
TWTR
Sector(s)
Communication Services
Rating
Current Price
$60.95
Price Target
Earnings Estimate
Summary

Twitter calls itself 'a platform for public self-expression and conversation in real time.' Twitter remains true to its initial format, with tweets limited to 140 characters of text, but is experimenting with longer-format tweets. Any user can create a tweet, and any user can follow other users with no restrictions. The company now accommodates videos, music, sports events, games and other media content.

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Analyst Profile

James Kelleher, CFA

Director of Research & Senior Analyst Technology
Jim has worked in the financial services industry for over 25 years and joined Argus in 1993. He is director of research at Argus and a member of the Investment Policy Committee. Jim has been instrumental in building Argus' proprietary valuation models, which are a key part of the proprietary Argus Six-Point Rating System. He also oversees Argus' technical analysis products; writes the Portfolio Selector report and other publications; and manages several Argus model portfolios. As a Senior Analyst, Jim covers Communications Equipment, Semiconductors, Information Processing and Electronic Manufacturing Services companies. he is a CFA charter-holder, and is a three-time winner in The Wall Street Journal's "Best on the Street" All-Star Analyst Survey. In July 2010, McGraw-Hill Professional published Jim's book, "Equity Valuation for Analysts & Investors." The book, a single-volume treatment of financial modeling and valuation process, introduces the Argus proprietary valuation methodology known as Peer Derived Value.