Brokerage Firm Rating Update on Twitter (TWTR)

Twitter (TWTR) : 4 brokerage houses believe that Twitter (TWTR) is a Strong Buy at current levels. 18 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Twitter (TWTR). Zacks Investment Research suggests a Hold with a rank of 3. 2 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock. 2 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 26 Wall Street Analysts endorse the stock as a Hold with a rating of 2.92.

Twitter (TWTR) : The consensus price target for Twitter (TWTR) is $16.97 for the short term with a standard deviation of $4.45. The most optimist securities analyst among the 23 who monitor the stock believes that the stock can reach $27, however, the pessimist price target for the company is $9.


Company shares have received an average consensus rating of Hold for the current week Also, In the latest statement by the brokerage house, Evercore ISI Group downgrades its outlook on Twitter (NYSE:TWTR). The current rating of the shares is Sell, according to the research report released by the firm. Previously, the company had a rating of Hold. The brokerage firm lowers the price target from $18 per share to $17 per share. The rating by the firm was issued on August 18, 2016.

Twitter (NYSE:TWTR): stock was range-bound between the intraday low of $19.795 and the intraday high of $20.65 after having opened at $20.05 on Wednesdays session. The stock finally closed in the red at $20.05, a loss of -0.30%. The stock remained in the red for the whole trading day. The total traded volume was 26,593,146 shares. The stock failed to cross $20.65 in Wednesdays trading. The stocks closing price on Thursday was $19.93.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *