Twitter Inc (NYSE:TWTR) target price raised to $17.00, reported today by Oppenheimer Holdings Inc.
- Updated: September 26, 2016
Twitter Inc (NYSE:TWTR) had its price target upped to $17.00 by Oppenheimer Holdings Inc. in an issued report announced Monday September 26, 2016. The latest stock price target implies a possible downside of -0.25% from the company's most recent close.
On Friday September 23, 2016, RBC Capital Markets released a statement on Twitter Inc (NYSE:TWTR) bumped down the target price from $17.00 to $14.00 that suggested a downside of -0.25%.
Boasting a price of $22.62, Twitter Inc (NYSE:TWTR) traded -3.00% lower on the day. With the last close up 29.56% 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 34,377,305 shares of TWTR changing hands over the typical 27,184,700
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 analysts have released a research note on TWTR. Four analysts rating the company a strong buy, eight analysts rating the company a buy, twenty-six analysts rating the company a hold, three analysts rating the company a underperform, and finally two analysts rating the company a sell with a one year 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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