Twitter TWTR (NYSE:TWTR) Receives Underperform Rating From RBC Capital Markets Analysts

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RBC Capital Markets today set a target price of 12 on the company's stock. Alpha One also assigned news stories about the social networking company an impact score of 61 out of 100, indicating that recent news coverage is somewhat likely to have an impact on the company's share price in the next several days. Zacks Investment Research raised Twitter from a hold rating to a strong-buy rating and set a $21.00 price objective for the company in a research note on Tuesday, November 1st.

Over the last twelve months Twitter TWTR's stock price has decreased by -14.22% from 17.09 to 14.66. Finally, Morgan Stanley reduced their target price on Twitter from $13.50 to $10.00 and set an "underweight" rating for the company in a research note on Thursday, February 9th.

The target price for Twitter, Inc. The stock has an average rating of "Hold" and an average target price of $15.76.

Twitter (NYSE:TWTR) traded up 0.442% during midday trading on Monday, reaching $14.775. The company's stock had a trading volume of 12,744,688 shares. Twitter Inc (NYSE:TWTR)'s distance from 20 day simple moving average is -0.16% whereas its distance from 50 day simple moving average is -4.54% along with -16.87% distance from 200 day simple moving average. The corporation has a market cap of US$10.65 Billion. However a year ago during same quarter Twitter Inc (NYSE:TWTR) reported $0.15 EPS.

The company's expected revenue in the current quarter to be 511.91 Million, seeing a projected current quarter growth of -93.3%, and per annum growth estimates over the next 5 year period of around 30.78%. Twitter had a negative return on equity of 4.59% and a negative net margin of 18.06%. The firm's quarterly revenue was up.9% on a year-over-year basis. Equities research analysts predict that Twitter will post $0.32 earnings per share for the current fiscal year.

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WARNING: This piece was first published by BBNS and is owned by of BBNS. If you are accessing this piece of content on another site, it was stolen and reposted in violation of United States & worldwide trademark and copyright legislation. The correct version of this article can be viewed at https://www.themarketsdaily.com/2017/04/25/twitter-inc-twtr-receives-buy-rating-from-jefferies-group-llc.html. Also, CEO Jack Dorsey bought 425,998 shares of Twitter stock in a transaction dated Tuesday, February 14th. The stock was sold at an average price of $18.19, for a total transaction of $72,541.72.

In other news, General Counsel Vijaya Gadde sold 15,000 shares of the firm's stock in a transaction that occurred on Tuesday, April 4th. A total of 13.79M shares exchanged hands, whereas the company's average trading volume stands at 12.40M shares. The disclosure for this sale can be found here.

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock.

Now the shares of Twitter, Inc. The social networking company reported $0.16 earnings per share for the quarter, topping analysts' consensus estimates of $0.12 by $0.04. Bank Hapoalim BM now owns 16,910 shares of the social networking company's stock worth $286,000 after buying an additional 5,565 shares during the last quarter. Sheaff Brock Investment Advisors LLC now owns 31,185 shares of the social networking company's stock worth $527,000 after buying an additional 2,000 shares during the last quarter. Meeder Asset Management Inc. bought a new position in shares of Twitter during the third quarter valued at approximately $194,000. Monetta Financial Services Inc. now owns 162,000 shares of the social networking company's stock worth $2,739,000 after buying an additional 25,000 shares during the last quarter. Finally, Mitsubishi UFJ Kokusai Asset Management Co. LLC acquired a new position in shares of Twitter during the fourth quarter worth $130,000. Mitsubishi UFJ Kokusai Asset Management Co. GMT Capital Corp now owns 702,600 shares of the social networking company's stock worth $11,881,000 after buying an additional 312,000 shares during the last quarter. Its products and services for users include Twitter, and Periscope and Vine. Periscope broadcasts can also be viewed through Twitter and on desktop or mobile Web browser.

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