Why Walt Disney, Facebook, Twitter, and More Are in the Spotlight

Twitter Inc (NYSE:TWTR) is in the spotlight after the Sunday Times reported that ‘pressure is growing’ for CEO Jack Dorsey to step down. The latest bad news for Twitter comes from a report released by professors at the University of Indiana and USC, showing potentially as many as 48 million accounts, or around 15% of Twitter’s users, being bots. That number is substantially higher than Twitter’s own estimate of 8.5%, and could hurt the company in its quest to drum up advertising sales growth. 41 top funds were long Twitter Inc (NYSE:TWTR) as of the most recent 13-F reporting period, down 6 funds from the previous quarter.

Rockwell Collins, Inc. (NYSE:COL) is higher in the pre-market today after analyst Robert Spingarn of Credit Suisse raised his rating on the stock to ‘Outperform’ from ‘Neutral’, citing in part that the market hasn’t priced in the benefits from the purchase of B/E Aerospace Inc (NASDAQ:BEAV). The analyst also likes Rockwell’s ‘strong pro-forma financial profile’ and expects multiple positive catalysts over the next four quarters. Spingarn has a $120 price target, up from the previous $92. 35 and 38 top funds were long B/E Aerospace Inc (NASDAQ:BEAV) and Rockwell Collins, Inc. (NYSE:COL) at the end of 2016.

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