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Being Frank Not Enough, Twitter Needs To Act


Ron Burgundy
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Photo illustration of Twitter logo in front of stock graphTwitter needs to act fast - simplify its core product and organize news feeds better, analysts said. At least 19 brokerages cut their price target on Twitter to as low as $30 - 18 percent lower than the stock's Tuesday's close of $36.54. Twitter's shares skidded more than 13 percent to $32.15 on Wednesday, wiping out about $3 billion of the company's market value.




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