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Twitter: A Buyout Won’t Get a LinkedIn Multiple, Says Susquehanna

Shares of Twitter (TWTR) continue to hover at the elevated levels to which they soared when speculation broke out two weeks ago of Salesforce (CRM), Google (GOOGL), Disney (DIS) or another party buying them, currently at $23.43, down 2.4%, today. Among Street chatter today, Susquehanna’s Shyam Patil, who has a Neutral rating on the shares, and a $24 price target, writes that a “take out range” for Twitter could be $17 to $26, as far as he’s concerned, "most of the potential upside has likely been captured.
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