Twitter (TWTR) : Zacks Investment Research ranks Twitter (TWTR) as 3, which is a Hold recommendation. 4 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. Not everyone is convinced about the stocks future, hence, the stock receives 2 Sell recommendation. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 20 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 27 research analysts is 2.85, which indicates as a Hold.
Twitter (TWTR) : Average target price received by Twitter (TWTR) is $16.97 with an expected standard deviation of $4.32. The most aggressive target on the stock is $27, whereas the most downbeat target is $9. 24 financial analysts are currently covering the stock.
Company shares have received an average consensus rating of Hold for the current week Also, In a research note released to the investors, Morgan Stanley maintains its rating on Twitter (NYSE:TWTR).The analysts at the brokerage house have a current rating of Underweight on the shares. In a recent information released to the investors, Morgan Stanley maintains the price target of $13.25 per share. The rating by the firm was issued on July 27, 2016.
Twitter (NYSE:TWTR): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $16.34 and $16.33 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $17.88. The buying momentum continued till the end and the stock did not give up its gains. It closed at $17.61, notching a gain of 7.25% for the day. The total traded volume was 55,583,329 . The stock had closed at $16.42 on the previous day.
Twitter, Inc. (Twitter) is a global platform for public self-expression and conversation in real time. The Company offers products and services for users, advertisers, developers and platform and data partners. Products and services for users enables a way for people to create, distribute and discover content, which enables a user on Twitter to create a tweet and a user to follow other users. Products and services for advertisers consist of promoted products, which enable its advertisers to promote their brands, products and services, and extend the conversation around their advertising message. Products for platform partners and developers provide a set of tools, public application program interface (APIs) and embeddable widgets that developers use to contribute their content to its platform, syndicate and distribute its content across their properties. Products for data partners offer subscription access to its public data feed.