A statement released earlier today by Loop Capital about Twitter Inc (NYSE:TWTR) bumps the target price to $18.00
- Updated: October 2, 2016
Boasting a price of $23.72, Twitter Inc (NYSE:TWTR) traded 0.17% higher on the day. With the last stock price close up 34.43% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Twitter Inc has recorded a 50-day average of $19.62 and a two hundred day average of $17.15. Volume of trade was down over the average, with 17,425,201 shares of TWTR changing hands under the typical 29,435,700
Loop Capital bumped up the target of Twitter Inc (NYSE:TWTR) to $18.00 stating a potential downside of -0.24%.
On 9/27/2016, Pivotal Research released a statement for Twitter Inc (NYSE:TWTR) bumped up the target price from $22.00 to $27.00 that suggested an upside of 0.15%.
With a total market value of $0, Twitter Inc has with a one year low of $13.73 and a one year high of $31.87 .
A total of 37 firms have issued a report on the stock. Four brokerages rating the stock a strong buy, eight analysts rating the company a buy, 26 equity analysts rating the company a hold, 3 firms rating the stock a underperform, and finally two analysts rating the company a sell with a one year target of $18.47.
Brief Synopsis About Twitter Inc (NYSE:TWTR)
Twitter, Inc. (Twitter) offers products and services for users, advertisers, developers and platform and data partners. The Company's service is live-live commentary, live connections, live conversations. Its products and services for users include Twitter, and Periscope and Vine. Its Twitter is a platform for public self-expression and conversation in real time. Its promoted products enable its advertisers to promote their brands, products and services, and extend the conversation around their advertising campaigns. Its promoted products consist of promoted tweets, promoted accounts and promoted trends. Its Fabric platform offers modular software development kits that help developers build applications, gives them mobile analytics, the ability to generate revenue through Twitter's mobile-focused advertising exchange, MoPub. It offers subscription access to its public data feed for partners wishing to access data beyond its public application program interface (API).
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