US judge rejects Elon Musk's bid to set aside Twitter fraud verdict
US District Judge Charles Breyer in San Francisco also denied Musk's motion to decertify the class of investors, and granted the investors' motion for prejudgment interest.
TWTR - Twitter, Inc. (delisted)
Price:
--
--
|
CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$52.89
DETAILS
HIGH:
$108.44
LOW:
$30.00
MEDIAN:
$54.00
CONSENSUS:
$52.89
DOWNSIDE:
1.51%
Stock News
US judge rejects Elon Musk bid to set aside Twitter fraud verdict
A federal judge on Monday rejected Elon Musk's bid to dismiss a recent jury verdict finding that the world's richest person defrauded Twitter investors when buying the social media company, despite finding that Musk was not liable for one of his challenged tweets.
US SEC, Musk to argue for Twitter settlement before DC judge
Attorneys for the U.S. Securities and Exchange Commission and Elon Musk will appear before a federal judge on Wednesday to argue for their $1.5 million settlement over the billionaire's purchase of Twitter, potentially shedding further light on the years-long dispute between the parties.
US judge will not rubber-stamp Elon Musk settlement with SEC
A federal judge on Friday declined to quickly approve the U.S. Securities and Exchange Commission's $1.5 million settlement with Elon Musk over his purchase of Twitter, saying she wants more information about whether the accord is fair and how it was reached.
SEC and Elon Musk agree to settle lawsuit over Twitter buyout in 2022
The SEC and Elon Musk agreed to settle a lawsuit filed last year by the regulator against the world's richest person. Musk was sued by the SEC for allegedly violating securities law in the run-up to his purchase of Twitter in 2022.
Price Targets
Twitter deal still 'brutal situation' for Tesla holders, Wedbush says
$54.20
(was $49.81)
Daniel Ives
·
Wedbush
Why This Twitter Analyst Says Whistleblower A 'Huge Potential Win' For Elon Musk
$50.00
(was $39.41)
Daniel Ives
·
Wedbush
Rosenblatt downgrades Twitter on risk of Musk using whistleblower suit
$37.00
(was $39.86)
Barton Crockett
·
Rosenblatt Securities
Elon Musk Vs Twitter In Court: Analyst Says Brace Yourself For A 'Game Of Thrones' Style Battle
$30.00
(was $34.06)
Dan Ives
·
Wedbush
Twitter Analyst Lowers Price Target As 'Greater Uncertainty' Looms Over Elon Musk Deal
$43.00
(was $37.10)
Daniel Ives
·
Wedbush
Here's Why This Analyst Slashed Twitter's Price Target By 39%
$33.00
(was $38.84)
Barton Crockett
·
Rosenblatt Securities
Is Musk Revaluing the Twitter Deal?
$54.20
(was $37.18)
Ronald Josey
·
Citigroup
U.S. Stocks Climb Higher as Investors Try to Shake Off Negative Streak
$108.44
(was $41.11)
Sam Bankman-Fried
·
Loop Capital Markets
3 Implications From Elon Musk Putting Twitter Deal On Hold
$38.85
(was $45.08)
Dan Ives
·
Wedbush
Twitter Posts Mixed Results For Q1
$54.00
(was $49.49)
Daniel Salmon
·
BMO Capital
Twitter (TWTR) Stock: $54 Price Target From Wedbush
$54.00
(was $48.64)
Ygal Arounian
·
Wedbush
Rosenblatt Maintains Neutral on Twitter, Raises Price Target to $54.2
$54.20
(was $48.80)
Rosenblatt Securities
Deutsche Bank Maintains Hold on Twitter, Raises Price Target to $54.2
$54.20
(was $50.86)
Deutsche Bank
Mizuho Maintains Neutral on Twitter, Raises Price Target to $54
$54.00
(was $51.20)
Mizuho Securities
Stifel Upgrades Twitter to Hold, Raises Price Target to $54.2
$54.20
(was $51.70)
Stifel Nicolaus
Twitter & Elon Musk Saga Ends on Definitive Cash Deal Worth $44B
$54.20
(was $51.70)
Brian Fitzgerald
·
Wells Fargo
Twitter price target raised to $54.20 from $35 at Deutsche Bank
$54.20
(was $51.70)
Benjamin Black CFA
·
Deutsche Bank
Twitter downgraded to Hold from Buy at Truist
$50.00
(was $47.08)
Youssef Squali
·
Truist Financial
Citigroup Assumes Twitter at Neutral, Raises Price Target to $50
$50.00
(was $46.16)
Citigroup
Twitter Saga Continues: The Return of the Volatility
$46.16
(was $45.78)
Rosenblatt Securities