Twitter (TWTR): New Buy Recommendation for This Technology Giant

Pivotal Research analyst Michael Levine CFA reiterated a Buy rating on Twitter (TWTR) today and set a price target of $47.00. The company’s shares closed last Monday at $39.54.

According to TipRanks.com, CFA is a 1-star analyst with an average return of -7.5% and a 27.3% success rate. CFA covers the Technology sector, focusing on stocks such as Trade Desk Inc, Pinterest Inc, and Alphabet Inc.

Currently, the analyst consensus on Twitter is a Hold with an average price target of $42.27.

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The company has a one-year high of $45.86 and a one-year low of $26.26. Currently, Twitter has an average volume of 12.32M.

Based on the recent corporate insider activity of 151 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TWTR in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.