A Twitter Inc analyst said Thursday their skepticism of the company has “flipped” after a review of its lawsuit against Elon Musk.
The Twitter Analyst
Barton Crockett upgraded Twitter from Neutral to Buy and raised the price target from $33 to $52.The Twitter Takeaways
It previously seemed like the company was being evasive in disclosing its spam bot calculations, Crockett said in the upgrade note.Twitter’s very detailed disclosure of spam bot calculations and Musk being reluctant to engage “largely ends our skepticism about Twitter, and instead makes us skeptical about Musk,” the analyst said.
