RBC Capital Markets announced Twitter Inc (NYSE:TWTR), dropping its stock price target to $14.00 earlier today
- Updated: September 23, 2016
Boasting a price of $18.63, Twitter Inc (NYSE:TWTR) traded 21.42% higher on the day. With the last stock price close up 33.57% 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 $18.99 and a two hundred day average of $16.94. Volume of trade was up over the average, with 192,415,337 shares of TWTR changing hands over the typical 27,184,700
RBC Capital Markets bumped down the target of Twitter Inc (NYSE:TWTR) to $14.00 stating a potential downside of -0.25%.
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 brokerages have issued a ratings update on Twitter Inc. Four analysts rating the company a strong buy, 8 firms rating the stock a buy, twenty-six equity analysts rating the stock a hold, 3 analysts rating the company a underperform, and finally 2 brokerages 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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