Twitter loses ground after the new downgrade by analysts: "More problems than positive elements"

Twitter gives ground to Wall Street leaving the field 1,17% at 60,34 dollars (against a maximum for the year at 74,73 dollars). After the downgrade of Morgan Stanley on Monday, the 140 characters undergo a new negative assessment by analysts. This time it is Cantor Fitzgerald who is cutting, reducing the rating and target price to 32 dollars to sell from hold. The low of the year was reached at 38,8 dollars. “While we have historically reserved the sell rating for business models with structural problems, we believe Twitter's valuation is overdone and we currently see more problems than positives,” reads a note from analysts who say they prefer Facebook or Google. Twitter has a market capitalization of $32,87 billion today. Meanwhile, Twitter co-founder Biz Stone has launched the new platform Jelly which uses an even faster medium like photos, and is a social search engine, with responses provided by users.