Twitter Inc. (NYSE:TWTR)‘s stock had its “hold” rating restated by Loop Capital in a research note issued on Friday. They currently have a $16.00 price objective on the social networking company’s stock. Loop Capital’s price target indicates a potential downside of 16.41% from the company’s previous close.

A number of other equities research analysts have also issued reports on TWTR. Vetr lowered Twitter from a “strong-buy” rating to a “buy” rating and set a $20.52 price target for the company. in a research report on Monday, July 18th. Jefferies Group restated a “buy” rating on shares of Twitter in a research report on Monday, July 18th. Deutsche Bank AG restated a “buy” rating and issued a $23.00 price target on shares of Twitter in a research report on Tuesday, July 19th. Zacks Investment Research lowered Twitter from a “hold” rating to a “sell” rating in a research report on Wednesday, July 20th. Finally, Raymond James Financial Inc. restated a “market perform” rating and issued a $39.00 price target on shares of Twitter in a research report on Friday, July 22nd. Nine investment analysts have rated the stock with a sell rating, twenty-seven have issued a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $18.45.

Analyst Recommendations for Twitter (NYSE:TWTR)

Twitter (NYSE:TWTR) opened at 19.14 on Friday. The firm’s 50-day moving average price is $19.18 and its 200 day moving average price is $17.56. Twitter has a 12-month low of $13.73 and a 12-month high of $26.70. The stock’s market capitalization is $13.56 billion.

Twitter (NYSE:TWTR) last posted its quarterly earnings data on Thursday, October 27th. The social networking company reported $0.13 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.15) by $0.28. Twitter had a negative return on equity of 5.18% and a negative net margin of 15.06%. The company earned $616 million during the quarter, compared to analyst estimates of $606.40 million. During the same period in the previous year, the business earned $0.10 EPS. Twitter’s quarterly revenue was up 8.3% on a year-over-year basis. On average, equities analysts anticipate that Twitter will post $0.52 EPS for the current year.

In other news, insider Robert Kaiden sold 5,808 shares of the company’s stock in a transaction that occurred on Friday, November 4th. The shares were sold at an average price of $17.99, for a total value of $104,485.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Adam Messinger sold 4,901 shares of the company’s stock in a transaction that occurred on Monday, October 3rd. The stock was sold at an average price of $23.64, for a total transaction of $115,859.64. The disclosure for this sale can be found here. 10.79% of the stock is currently owned by company insiders.

Several hedge funds have recently modified their holdings of TWTR. Apriem Advisors raised its stake in shares of Twitter by 4.5% in the third quarter. Apriem Advisors now owns 4,650 shares of the social networking company’s stock worth $107,000 after buying an additional 200 shares in the last quarter. Advisory Services Network LLC raised its stake in shares of Twitter by 24.1% in the third quarter. Advisory Services Network LLC now owns 4,890 shares of the social networking company’s stock worth $113,000 after buying an additional 950 shares in the last quarter. Edmond de Rothschild Europe bought a new stake in shares of Twitter during the third quarter worth $149,000. Integrated Investment Consultants LLC raised its stake in shares of Twitter by 85.9% in the second quarter. Integrated Investment Consultants LLC now owns 6,707 shares of the social networking company’s stock worth $113,000 after buying an additional 3,099 shares in the last quarter. Finally, Mizuho Asset Management Co. Ltd. raised its stake in shares of Twitter by 204.4% in the second quarter. Mizuho Asset Management Co. Ltd. now owns 7,618 shares of the social networking company’s stock worth $129,000 after buying an additional 5,115 shares in the last quarter. 41.40% of the stock is owned by institutional investors.

Twitter Company Profile

Twitter, Inc (Twitter) offers products and services for users, advertisers, developers and platform and data partners. The Company’s service is live-live commentary, live connections, live conversations. Its products and services for users include Twitter, and Periscope and Vine. Its Twitter is a platform for public self-expression and conversation in real time.

5 Day Chart for NYSE:TWTR

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