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Pivotal Research Group announced Twitter (NYSE:TWTR), boosting its stock price target to $27.00 today

Just yesterday Twitter (NYSE:TWTR) traded -3.00% lower at $23.37. Twitter’s 50-day moving average is $18.99 and its 200-day moving average is $16.94. The last stock price is up 29.56% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 34,377,305 shares of TWTR traded hands, up from an average trading volume of 27,184,700

In a report released on 9/27/2016 Pivotal Research Group increased the stock price target of Twitter (NYSE:TWTR) from $22.00 to $27.00 reporting a possible upside of 0.16%.

Recent Performance Chart

Twitter (NYSE:TWTR)

Twitter has 52 week low of $13.73 and a 52 week high of $31.87 and has a market capitalization of $0.

In addition to Pivotal Research Group reporting its stock price target, a total of 37 brokerages have issued a ratings update on the company. The average stock price target is $18.47 with 4 brokerages rating the stock a strong buy, 8 brokerages rating the stock a buy, 26 brokerages rating the stock a hold, 3 brokerages rating the stock a underperform, and finally 2 brokerages rating the stock a sell.

Brief Synopsis On 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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