Twitter (TWTR) : 27 analysts are covering Twitter (TWTR) and their average rating on the stock is 2.37, which is read as a Buy. 10 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Twitter (TWTR) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. However, 1 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. 2 more analyst has given the stock a Sell recommendation. A total of 13 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Twitter (TWTR) : The highest level Twitter (TWTR) is projected to reach is $32 for the short term and the lowest estimate is at $10. The consolidated price target from 22 rating analysts who initiate coverage on the stock is $18.91 and the possibility the share price can swing is $5.19.
Twitter (NYSE:TWTR): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $17.02 and $16.81 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $17.34. The buying momentum continued till the end and the stock did not give up its gains. It closed at $17.20, notching a gain of 0.35% for the day. The total traded volume was 15,665,672 . The stock had closed at $17.14 on the previous day.
Also, MoffettNathanson downgrades their rating on the shares of Twitter (NYSE:TWTR). The current rating of the shares is Sell. Earlier, the shares were rated a Neutral by the brokerage firm. The rating by the firm was issued on May 24, 2016. The company shares have dropped -50.69% from its 1 Year high price. On Jul 14, 2015, the shares registered one year high at $38.82 and the one year low was seen on May 24, 2016. The 50-Day Moving Average price is $15.42 and the 200 Day Moving Average price is recorded at $16.91.
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.