Vetr upgraded shares of Twitter (NYSE:TWTR) from a buy rating to a strong-buy rating in a research report sent to investors on Monday. They currently have $27.54 price objective on the social networking company’s stock.

A number of other analysts also recently issued reports on the stock. Zacks Investment Research downgraded shares of Twitter from a strong-buy rating to a hold rating in a report on Wednesday, December 27th. Summit Redstone initiated coverage on shares of Twitter in a report on Monday, December 18th. They issued a buy rating and a $26.00 price objective for the company. JPMorgan Chase & Co. raised shares of Twitter from a neutral rating to an overweight rating and boosted their price objective for the company from $20.00 to $27.00 in a report on Monday, December 18th. Evercore ISI initiated coverage on shares of Twitter in a report on Tuesday, December 5th. They issued an in-line rating and a $21.00 price objective for the company. They noted that the move was a valuation call. Finally, MKM Partners boosted their price objective on shares of Twitter from $18.00 to $21.50 and gave the company a neutral rating in a report on Thursday, November 30th. Twelve equities research analysts have rated the stock with a sell rating, twenty-one have given a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of Hold and a consensus target price of $18.68.

Shares of Twitter (NYSE:TWTR) opened at $24.25 on Monday. The company has a market cap of $18,010.00, a PE ratio of -47.55, a P/E/G ratio of 11.70 and a beta of 1.11. The company has a debt-to-equity ratio of 0.35, a quick ratio of 10.40 and a current ratio of 10.40. Twitter has a twelve month low of $14.12 and a twelve month high of $25.56.

Twitter (NYSE:TWTR) last announced its earnings results on Thursday, October 26th. The social networking company reported $0.10 EPS for the quarter, topping the consensus estimate of $0.07 by $0.03. The business had revenue of $590.00 million during the quarter, compared to the consensus estimate of $586.22 million. Twitter had a negative net margin of 15.08% and a negative return on equity of 1.21%. Twitter’s revenue was down 4.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.09 EPS. analysts forecast that Twitter will post 0.02 earnings per share for the current fiscal year.

In other news, General Counsel Vijaya Gadde sold 15,000 shares of the company’s stock in a transaction on Wednesday, October 18th. The shares were sold at an average price of $18.19, for a total value of $272,850.00. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Evan Clark Williams sold 2,000,300 shares of the company’s stock in a transaction on Tuesday, October 31st. The shares were sold at an average price of $21.06, for a total transaction of $42,126,318.00. Following the completion of the sale, the director now directly owns 2,530,241 shares in the company, valued at $53,286,875.46. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 5,317,365 shares of company stock valued at $113,170,704. Corporate insiders own 9.18% of the company’s stock.

Several large investors have recently bought and sold shares of TWTR. Schwab Charles Investment Management Inc. boosted its stake in shares of Twitter by 12.9% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 999,683 shares of the social networking company’s stock valued at $17,865,000 after purchasing an additional 114,156 shares during the last quarter. Comerica Bank boosted its stake in Twitter by 1.8% during the second quarter. Comerica Bank now owns 27,861 shares of the social networking company’s stock worth $557,000 after acquiring an additional 489 shares in the last quarter. Federated Investors Inc. PA bought a new position in Twitter during the second quarter worth $174,000. Prudential Financial Inc. boosted its stake in Twitter by 6.9% during the second quarter. Prudential Financial Inc. now owns 43,650 shares of the social networking company’s stock worth $780,000 after acquiring an additional 2,800 shares in the last quarter. Finally, Pacer Advisors Inc. boosted its stake in Twitter by 8.4% during the second quarter. Pacer Advisors Inc. now owns 15,468 shares of the social networking company’s stock worth $276,000 after acquiring an additional 1,196 shares in the last quarter. 50.69% of the stock is currently owned by institutional investors.

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About Twitter

Twitter, Inc offers products and services for users, advertisers, developers and data partners. The Company’s products and services include Twitter, Periscope, Promoted Tweets, Promoted Accounts and Promoted Trends. Its Twitter is a platform for public self-expression and conversation in real time. Periscope broadcasts can also be viewed through Twitter and on desktop or mobile Web browser.

To view Vetr’s full report, visit Vetr’s official website.

Analyst Recommendations for Twitter (NYSE:TWTR)

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