Loop Capital disclosed Twitter (NYSE:TWTR), hiking its price target to $18.00 earlier today
- Updated: September 22, 2016
Reporting as possible downside of -0.03%, Loop Capital raised the target price of Twitter (NYSE:TWTR) to $18.00
Yesterday Twitter (NYSE:TWTR) traded 0.76% higher at $18.63. The company’s 50-day moving average is $18.83 and its 200-day moving average is $16.90. The last stock close price is up 10.25% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 15,800,856 shares of the stock were exchanged, down from an avg. volume of 24,557,500
With a total market value of $0, Twitter has with a one year low of $13.73 and a one year high of $31.87 .
A total of 37 equity analysts have released a ratings update on TWTR. Four equity analysts rating the company a strong buy, eight equity analysts rating the company a buy, twenty-six equity analysts rating the company a hold, three equity analysts rating the company a underperform, and finally two equity analysts rating the company a sell with a one year target of $18.47.
Brief Synopsis About Twitter (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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