Vetr Inc. disclosed Twitter Inc (NYSE:TWTR), upping its target price to $22.88 today
- Updated: October 2, 2016
Yesterday Twitter Inc (NYSE:TWTR) traded 0.17% higher at $23.05. The company’s 50-day moving average is $19.62 and its 200-day moving average is $17.15. The last closing price is up 34.43% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 17,425,201 shares of the stock traded hands, down from an average trading volume of 29,435,700
Twitter Inc (NYSE:TWTR) had its target price raised to $22.88 by Vetr Inc. in a report released Monday October 03, 2016. The new target price indicates a possible downside of -0.01% based on the company's last closing price.
Previously on 9/28/2016, Loop Capital reported on Twitter Inc (NYSE:TWTR) increased the target price from $0.00 to $18.00. At the time, this indicated a possible downside of -0.24%.
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Twitter Inc has a 52 week low of $13.73 and a 52 week high of $31.87 TWTR’s total market value is presently $0.
A total of 37 equity analysts have released a ratings update on TWTR. Four equity analysts rating the company a strong buy, eight equity analysts rating the company a buy, twenty-six equity analysts rating the company a hold, three equity analysts rating the company a underperform, and finally two equity analysts 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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