27-04-2016 19:28 via financialexpress.com

Twitter seen fighting losing battle for users, ad dollars

Of the 18 analysts covering Twitter, at least 16 cut their price targets. Pivotal Research was the most bearish, slashing its target tofrom . JP Morgan also lowered its rating to “neutral” from “overweight”. (Reuters) Twitter Inc’s race against the clock is intensifying. The company is trying hard to improve its much-criticized interface, but analysts said the challenge was to do that before more users and advertisers defect to Facebook Inc and Alphabet Inc’s
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