Investment analysts at Hudson Square Research initiated coverage on shares of Twitter (NYSE:TWTR) in a note issued to investors on Friday, AnalystRatings.Net reports. The firm set a “sell” rating on the stock.
Shares of Twitter (NYSE:TWTR) opened at 44.90 on Friday. Twitter has a one year low of $44.00 and a one year high of $50.09. The stock’s 50-day moving average is $44. and its 200-day moving average is $44.. The company’s market cap is $24.457 billion.
A number of other analysts have also recently weighed in on TWTR. Analysts at Wedbush initiated coverage on shares of Twitter in a research note to investors on Thursday. They set a “neutral” rating and a $37.00 price target on the stock. Separately, analysts at Pivotal Research downgraded shares of Twitter from a “buy” rating to a “sell” rating in a research note to investors on Thursday. They now have a $30.00 price target on the stock, up previously from $29.00. Finally, analysts at Cantor Fitzgerald initiated coverage on shares of Twitter in a research note to investors on Thursday. They set a “buy” rating and a $32.00 price target on the stock. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and eight have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $39.10.
Twitter operates a free digital service site that blends social networking with the ability to post short messages (NYSE:TWTR) limited to 140 characters or less, commonly known by users as Tweets.
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