Twitter (TWTR) : The consensus on Twitter (TWTR) based on 26 analyst recommendation on the company stock is 2.92, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 4 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 18 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 2 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock. 2 analyst also believes that the downside risk to the stock is higher and suggests a Sell on Twitter (TWTR).
Twitter (TWTR) : The highest short term price target forecast on Twitter (TWTR) is $27 and the lowest target price is $9. A total of 23 equity analysts are currently covering the company. The average price of all the analysts is $16.92 with a standard deviation of $4.39.
Also, Evercore ISI Group downgrades their rating on the shares of Twitter (NYSE:TWTR). The current rating of the shares is Sell. Earlier, the shares were rated a Hold by the brokerage firm. Equity Analysts at the Firm lowers the price target to $17 per share from $18 per share. The rating by the firm was issued on August 18, 2016.
Twitter (NYSE:TWTR): After opening at $18.3, the stock dipped to an intraday low of $18.06 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $18.42 and the buying power remained strong till the end. The stock closed at $18.3 for the day, a gain of 1.22% for the day session. The total traded volume was 14,542,023. The stocks close on the previous trading day was $18.08.
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.