- Twitter ( NYSE: TWTR ) shares could see downside to $11/share if Elon Musk's $44 billion deal to acquire the company doesn't happen , according a Rosenblatt analyst.
- Twitter ( TWTR ), whose shares slumped 6.9% in trading on Monday after Musk late Friday terminated his $54.20/share agreement to buy the social media gain, has the potential to drop another 68% to $11/share, Rosenblatt Securities' Barton Crockett said in an interview on CNBC. Crockett earlier cut his price target on TWTR to $33/share.
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Twitter shares could drop to $11/share without deal, analyst says