IF IT WAS NOT CNBC PUMPING 20 TIMES A DAY, TWTR WOULD BE TRADING 15 POINTS LOWER
The analyst community on Wall Street is chasing up the price targets higher for Twitter, but there is a serious word of caution as well. The ratings remain very mixed, and we have seen some analysts downgrade the stock.
Evercore Partners downgraded it to Sell from Neutral.
Pivotal Research downgraded Twitter to Sell from Hold with a $38 price target.
Cowen raised the rating to Market Perform from Underperform with a $45 price target.
Wunderlich maintained its Hold rating but raised its target to $45.
UBS raised Twitter to Neutral from Sell.
Robinson Humphrey maintained its Buy rating and raised its target to $58.
Janney maintained its Buy rating but boosted its target to $60.
RBC Capital Markets maintained its Buy rating and raised its target to $65.
Barclays maintained its Overweight rating and raised the target to $60.
Goldman Sachs maintained its Buy rating and raised its price target to $63.
Merrill Lynch raised its rating to Buy from Neutral with a $60 price target.