Price Action to Note: Could Twitter Inc See a Reversal After This Very Strong Session?

Price Action to Note: Could Twitter Inc See a Reversal After This Very Strong Session?

The stock of Twitter Inc (NYSE:TWTR) is a huge mover today! About 5.65M shares traded hands. Twitter Inc (NYSE:TWTR) has risen 7.16% since April 18, 2016 and is uptrending. It has outperformed by 2.73% the S&P500.
The move comes after 8 months positive chart setup for the $13.07 billion company. It was reported on Nov, 18 by Barchart.com. We have $30.36 PT which if reached, will make NYSE:TWTR worth $7.97B more.

Twitter Inc (NYSE:TWTR) Ratings Coverage

Out of 43 analysts covering Twitter (NYSE:TWTR), 9 rate it a “Buy”, 10 “Sell”, while 24 “Hold”. This means 21% are positive. Twitter has been the topic of 119 analyst reports since July 23, 2015 according to StockzIntelligence Inc. Axiom Capital downgraded Twitter Inc (NYSE:TWTR) rating on Wednesday, July 27. Axiom Capital has “Hold” rating and $16 price target. Monness Crespi & Hardt upgraded Twitter Inc (NYSE:TWTR) on Monday, August 10 to “Neutral” rating. The rating was maintained by Robert W. Baird on Wednesday, April 27 with “Neutral”. Wedbush maintained the stock with “Neutral” rating in Wednesday, July 27 report. On Monday, January 25 the stock rating was maintained by Pivotal Research with “Buy”. Loop Capital downgraded it to “Sell” rating and $18 target price in Wednesday, September 28 report. The firm has “Neutral” rating given on Saturday, September 5 by Robert W. Baird. The firm has “Sector Perform” rating given on Thursday, February 11 by RBC Capital Markets. The stock has “Underweight” rating given by Morgan Stanley on Wednesday, July 27. The rating was maintained by BMO Capital Markets with “Market Perform” on Wednesday, July 27.

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 decreased to 0.98 in 2016 Q2. Its down 0.39, from 1.37 in 2016Q1. The ratio fall, 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.
Susquehanna International Limited Liability Partnership holds 11.62 million shares or 0.11% of its portfolio. Swan Glob Invs Limited Liability Corp has 150,000 shares for 0.1% of their US portfolio. Wasatch Advisors Incorporated has 0.03% invested in the company for 108,417 shares. Ci Invests holds 0.01% of its portfolio in Twitter Inc (NYSE:TWTR) for 60,900 shares. Bluefin Trading Limited Liability Corp reported 71,175 shares or 0.12% of all its holdings. Aperio has 136,840 shares for 0.02% of their US portfolio. Northern Tru Corporation last reported 4.75M shares in the company. Principal Fin Incorporated owns 56,862 shares or 0% of their US portfolio. Walleye Trading Limited accumulated 355,781 shares or 0.04% of the stock. Invesco Limited has 526,979 shares for 0% of their US portfolio. Pinnacle Assocs holds 0.01% of its portfolio in Twitter Inc (NYSE:TWTR) for 20,188 shares. Artemis Investment Management Llp, a United Kingdom-based fund reported 1,600 shares. Hodges Cap Inc has 0.01% invested in the company for 17,650 shares. Moreover, Boyer Corporon Wealth Mgmt Ltd Liability Com has 0.54% invested in Twitter Inc (NYSE:TWTR) for 67,102 shares. Diam reported 146,035 shares or 0.04% of all its holdings.

More notable recent Twitter Inc (NYSE:TWTR) news were published by: Fool.com which released: “Twitter, Inc. Stays Tight-Lipped on Acquisition Reports” on November 15, 2016, also Fool.com with their article: “Twitter Inc.’s COO Is Leaving” published on November 11, 2016, Fool.com published: “A Tale of Two Earnings: Twitter, Inc. and Amazon.com” on November 08, 2016. More interesting news about Twitter Inc (NYSE:TWTR) were released by: Fool.com and their article: “4 Reasons Twitter Inc. Should Have Spared Vine” published on November 05, 2016 as well as Investorplace.com‘s news article titled: “Twitter Inc (TWTR) Stock Needs a LOT More Than Activist Aid” with publication date: November 14, 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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