Twitter Inc (NYSE:TWTR) has been downgraded to Reduce in a report by Standpoint Research today.
- Updated: September 26, 2016
Standpoint Research has downgraded Twitter Inc (NYSE:TWTR) to Reduce in a statement released on 09/26/2016.
Previously on 09/23/2016, RBC Capital Markets reported on Twitter Inc (NYSE:TWTR) bumped down the target price from $17.00 to $14.00 that suggested a downside of -0.25%.
Yesterday Twitter Inc (NYSE:TWTR) traded -3.00% lower at $22.62. TWTR’s 50-day average is $18.99 and its two hundred day average is $16.94. With the last stock price up 29.56% relative to the two hundred day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time. 34,377,305 shares of TWTR traded hands, up from an avg. volume of 27,184,700
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Twitter Inc has a 52 week low of $13.73 and a one year high of $31.87 The company’s market cap is currently $0.
A total of 37 equity analysts have released a ratings update on TWTR. 4 analysts rating the company a strong buy, eight equity analysts rating the company a buy, 26 brokerages rating the stock a hold, 3 firms rating the stock a underperform, and finally two equity analysts rating the company a sell with a 12-month price target of $18.47.
More 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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