RBC Capital Markets downgraded Twitter Inc (NYSE:TWTR) to Underperform in a report released today.
- Updated: September 22, 2016
RBC Capital Markets has downgraded Twitter Inc (NYSE:TWTR) to Underperform in a report released on 9/22/2016.
Previously on 9/12/2016, Vetr Inc. reported about Twitter Inc (NYSE:TWTR) raised the target price from $0.00 to $21.96. At the time, this indicated a possible upside of 0.17%.
Yesterday Twitter Inc (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 Twitter Inc exchanged hands, down from an avg. volume of 24,557,500
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 released a report on Twitter Inc. Four brokers rating the stock a strong buy, 8 firms rating the stock a buy, twenty-six brokerages rating the company a hold, three analysts rating the company a underperform, and finally 2 firms rating the stock a sell with a consensus 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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