Twitter (NYSE:TWTR) stock price target increased to $17.00, released a ratings update earlier today by Evercore ISI
- Updated: October 10, 2016
Just yesterday Twitter (NYSE:TWTR) traded -11.54% lower at $17.56. Twitter’s 50-day moving average is $19.93 and its 200-day moving average is $17.38. The last closing price is up 1.06% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 105,978,715 shares of TWTR traded hands, up from an average trading volume of 33,393,000
Evercore ISI upped the price target of Twitter (NYSE:TWTR) to $17.00 reporting a possible downside of -0.03%.
Previously on Monday October 10, 2016, Vetr Inc. reported on Twitter (NYSE:TWTR) increased the target price from $0.00 to $24.69. At the time, this indicated a possible upside of 0.25%.
Recent Performance Chart
Twitter has with a one year low of $13.73 and a one year high of $31.87 and has a market capitalization of $0.
A total of 37 analysts have released a report on Twitter. Four analysts rating the stock a strong buy, 8 brokerages rating the stock a buy, 26 brokers rating the stock a hold, 3 equity analysts rating the company a underperform, and finally two brokerages rating the company a sell with a 12-month price target of $18.47.
More About 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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