A statement released earlier today by Pivotal Research about Twitter Inc (NYSE:TWTR) bumps the target price to $27.00
- Updated: September 27, 2016
Having a price of $23.45, Twitter Inc (NYSE:TWTR) traded -3.00% lower on the day. With the last close up 29.56% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Twitter Inc has recorded a 50-day average of $18.99 and a two hundred day average of $16.94. Volume of trade was up over the average, with 34,377,305 shares of TWTR changing hands over the typical 27,184,700
Stating a potential upside of 0.15%, Pivotal Research upped the price target of Twitter Inc (NYSE:TWTR) to $27.00
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 analysts have released a report on Twitter Inc. Four analysts rating the company a strong buy, eight analysts rating the company a buy, twenty-six analysts rating the company a hold, three analysts rating the company a underperform, and finally two analysts rating the company a sell with a 12-month price target of $18.47.
More 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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