In a report released today, Jason Helfstein from Oppenheimer maintained a Buy rating on Twitter (TWTR), with a price target of $36.00. The company’s shares closed last Monday at $26.41.
According to TipRanks.com, Helfstein is a top 100 analyst with an average return of 16.6% and a 60.8% success rate. Helfstein covers the Technology sector, focusing on stocks such as Spotify Technology SA, Fiverr International, and IAC/InterActiveCorp.
Currently, the analyst consensus on Twitter is a Hold with an average price target of $35.50, implying a 35.8% upside from current levels. In a report issued on March 18, J.P. Morgan also maintained a Buy rating on the stock with a $35.00 price target.
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The company has a one-year high of $45.86 and a one-year low of $20.00. Currently, Twitter has an average volume of 20.34M.
Based on the recent corporate insider activity of 130 insiders, corporate insider sentiment is neutral on the stock.
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Twitter, Inc. is a global platform for public self-expression and conversation in real time. It provides a network that connects users to people, information, ideas, opinions, and news. The company’s services include live commentary, live connections and live conversations. Its application provides social networking services and micro-blogging services through mobile devices and the Internet. The company can also be used as a marketing tool for businesses. It’s products and services include Twitter, Periscope, Promoted Tweets, Promoted Accounts and Promoted Trends. Twitter was founded by Jack Dorsey, Christopher Isaac Stone, Noah E. Glass, Jeremy LaTrasse, and Evan Williams on March 21, 2006 and is headquartered in San Francisco, CA.
