The stock of Twitter Inc (NYSE:TWTR) is a huge mover today! About 30.15 million shares traded hands. Twitter Inc (NYSE:TWTR) has risen 26.86% since March 2, 2016 and is uptrending. It has outperformed by 18.60% the S&P500.
The move comes after 5 months positive chart setup for the $17.18 billion company. It was reported on Oct, 5 by Barchart.com. We have $40.38 PT which if reached, will make NYSE:TWTR worth $10.82B more.
Analysts await Twitter Inc (NYSE:TWTR) to report earnings on October, 25. They expect $-0.15 EPS, 0.00% or $0.00 from last year’s $-0.15 per share. After $-0.11 actual EPS reported by Twitter Inc for the previous quarter, Wall Street now forecasts 36.36% negative EPS growth.
Twitter Inc (NYSE:TWTR) Ratings Coverage
Out of 43 analysts covering Twitter (NYSE:TWTR), 9 rate it a “Buy”, 13 “Sell”, while 21 “Hold”. This means 21% are positive. Twitter has been the topic of 115 analyst reports since July 23, 2015 according to StockzIntelligence Inc. The rating was maintained by Canaccord Genuity on Wednesday, July 29 with “Buy”. The firm earned “Sell” rating on Thursday, August 18 by Evercore. Evercore maintained it with “Hold” rating and $32 target price in Thursday, September 3 report. Morgan Stanley maintained the shares of TWTR in a report on Thursday, April 7 with “Underweight” rating. M Partners maintained Twitter Inc (NYSE:TWTR) rating on Monday, May 16. M Partners has “Neutral” rating and $14 price target. The rating was upgraded by Raymond James on Tuesday, February 23 to “Outperform”. The rating was maintained by UBS with “Buy” on Wednesday, October 28. The firm has “Sell” rating given on Tuesday, February 2 by Stifel Nicolaus. The stock has “Neutral” rating given by SunTrust on Monday, July 11. Bernstein maintained the shares of TWTR in a report on Wednesday, April 27 with “Market Perform” rating.
According to Zacks Investment Research, “Twitter is a public, real-time, global platform where any user can create a Tweet and any user can follow other users. The platform is unique in its simplicity: Tweets are limited to 140 characters of text. This constraint makes it easy for anyone to quickly create, distribute and discover content that is consistent across our platform and optimized for mobile devices. As a result, Tweets drive a high velocity of information exchange that makes Twitter uniquely live.”
Insitutional Activity: The institutional sentiment increased to 1.37 in 2016 Q2. Its up 0.19, from 1.18 in 2016Q1. The ratio improved, as 56 funds sold all Twitter Inc shares owned while 115 reduced positions. 60 funds bought stakes while 175 increased positions. They now own 288.28 million shares or 2.13% less from 294.57 million shares in 2016Q1.
Quantitative Systematic Strategies Ltd Company accumulated 0.08% or 10,793 shares. Moreover, Verity Asset Management has 0.37% invested in Twitter Inc (NYSE:TWTR) for 21,921 shares. Woodmont Invest Counsel Ltd Liability Co last reported 41,150 shares in the company. The Pennsylvania-based Janney Montgomery Scott Lc has invested 0.03% in Twitter Inc (NYSE:TWTR). Global X Management Co Limited Co owns 338,518 shares or 0.29% of their US portfolio. Clarivest Asset Mngmt Ltd Liability Com has 0% invested in the company for 15 shares. Bank Hapoalim Bm has 0.07% invested in the company for 16,910 shares. Legal General Gp Plc last reported 1.81 million shares in the company. Manufacturers Life The accumulated 0% or 23,682 shares. Ci owns 60,900 shares or 0.01% of their US portfolio. Arrowpoint Asset Mngmt accumulated 21,295 shares or 0.01% of the stock. The Ontario – Canada-based Royal Commercial Bank Of Canada has invested 0.02% in Twitter Inc (NYSE:TWTR). Moreover, Ubs Asset Mngmt Americas has 0.03% invested in Twitter Inc (NYSE:TWTR) for 1.42M shares. Samlyn Limited Liability Company last reported 0.05% of its portfolio in the stock. Pittenger & Anderson Incorporated has 2,000 shares for 0% of their US portfolio.
More notable recent Twitter Inc (NYSE:TWTR) news were published by: Fool.com which released: “Twitter, Inc. Stock Rises Again On More Buyout Speculation” on October 05, 2016, also Profitconfidential.com with their article: “Twitter Inc: Why TWTR Stock is Going Crazy Today” published on October 05, 2016, Fool.com published: “Can Salesforce.com Afford a Twitter Inc Acquisition?” on October 02, 2016. More interesting news about Twitter Inc (NYSE:TWTR) were released by: Valuewalk.com and their article: “Chris Sacca Wants Twitter Inc To Be Acquired, Is Selling Shares” published on October 05, 2016 as well as Fool.com‘s news article titled: “Uninspiring Turnaround Effort Leaves Twitter Inc Investors Split on Potential …” with publication date: September 30, 2016.
TWTR Company Profile
Twitter, Inc. (Twitter), incorporated on April 19, 2007, offers services and products for users, advertisers, developers and platform and data partners. The Company’s service is live-live commentary, live connections, live conversations.
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