Loop Capital upgraded Twitter (NYSE:TWTR) from Sell to Hold in a statement released earlier today.
- Updated: October 19, 2016
Yesterday Twitter (NYSE:TWTR) traded 0.60% higher at $16.83. The company’s 50-day moving average is $19.75 and its 200-day moving average is $17.42. The last stock close price is down -3.40% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 18,485,953 shares of the stock were exchanged, down from an average trading volume of 34,588,000
Loop Capital has upgraded Twitter (NYSE:TWTR) from Sell to Hold in a report released on 10/19/2016.
Previously on 10/11/2016, Evercore ISI reported about Twitter (NYSE:TWTR) raised the target price from $0.00 to $17.00. At the time, this indicated a possible downside of -0.03%.
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Twitter has a 52 week low of $13.73 and a 52 week high of $31.87 The company’s market cap is currently $0.
In addition to Loop Capital reporting its target price, a total of 37 firms have reported on the stock. The consensus target price is $18.47 with 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 lastly two equity analysts rating the company a sell.
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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