Twitter, Inc. (TWTR) PT Raised to $52 at UBS
Get Alerts TWTR Hot Sheet
Price: $53.70 --0%
Rating Summary:
10 Buy, 47 Hold, 5 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 7 | Down: 13 | New: 26
Rating Summary:
10 Buy, 47 Hold, 5 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 7 | Down: 13 | New: 26
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UBS raised its price target on Twitter, Inc. (NYSE: TWTR) to $52.00 (from $36.00) while maintaining a Buy rating.
Analyst Eric Sheridan sees the upcoming World Cup as an important catalyst for the equity in terms of both engagement growth and ad demand. The analyst further notes that the equity's inclusion in the S&P generates new demand from passive stock-index funds and institutional investors who are benchmarked ot the the S&P.
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