Stifel Nicolaus set a $26.00 price objective on Twitter (NYSE:TWTR) in a research note released on Thursday, MarketBeat.com reports. The firm currently has a hold rating on the social networking company’s stock.

Several other analysts have also recently issued reports on TWTR. Goldman Sachs Group set a $26.00 price objective on Twitter and gave the stock a buy rating in a report on Friday, October 27th. BidaskClub raised Twitter from a hold rating to a buy rating in a report on Tuesday, October 17th. Vetr raised Twitter from a hold rating to a buy rating and set a $22.96 price objective on the stock in a report on Monday, October 30th. Argus raised Twitter from a hold rating to a buy rating and upped their price objective for the stock from $19.71 to $25.00 in a report on Friday, November 3rd. Finally, Summit Redstone began coverage on Twitter in a report on Monday, December 18th. They set a buy rating and a $26.00 price objective on the stock. Eight investment analysts have rated the stock with a sell rating, twenty-one have assigned a hold rating and eight have given a buy rating to the stock. Twitter has a consensus rating of Hold and a consensus target price of $22.85.

Twitter (NYSE:TWTR) opened at $31.51 on Thursday. Twitter has a 52 week low of $14.12 and a 52 week high of $35.00. The company has a quick ratio of 10.40, a current ratio of 10.40 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $24,440.00, a P/E ratio of -210.07, a price-to-earnings-growth ratio of 13.16 and a beta of 1.14.

Twitter (NYSE:TWTR) last posted its quarterly earnings results on Thursday, February 8th. The social networking company reported $0.19 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.14 by $0.05. Twitter had a positive return on equity of 0.79% and a negative net margin of 4.42%. The business had revenue of $731.60 million during the quarter, compared to the consensus estimate of $686.12 million. During the same period in the prior year, the company posted $0.11 EPS. The firm’s revenue for the quarter was up 2.0% compared to the same quarter last year. equities analysts anticipate that Twitter will post 0.11 earnings per share for the current fiscal year.

In related news, General Counsel Vijaya Gadde sold 15,000 shares of the firm’s stock in a transaction dated Tuesday, December 5th. The stock was sold at an average price of $20.71, for a total transaction of $310,650.00. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Robert Kaiden sold 12,734 shares of the firm’s stock in a transaction dated Tuesday, February 6th. The shares were sold at an average price of $24.99, for a total value of $318,222.66. The disclosure for this sale can be found here. Insiders have sold a total of 3,225,011 shares of company stock worth $69,509,411 in the last three months. Corporate insiders own 10.79% of the company’s stock.

A number of hedge funds have recently modified their holdings of the stock. Toronto Dominion Bank boosted its position in Twitter by 21.3% during the second quarter. Toronto Dominion Bank now owns 7,592 shares of the social networking company’s stock valued at $136,000 after purchasing an additional 1,333 shares in the last quarter. Cetera Investment Advisers boosted its position in Twitter by 14.6% during the fourth quarter. Cetera Investment Advisers now owns 12,994 shares of the social networking company’s stock valued at $313,000 after purchasing an additional 1,657 shares in the last quarter. Partnervest Advisory Services LLC boosted its position in Twitter by 9.8% during the fourth quarter. Partnervest Advisory Services LLC now owns 27,893 shares of the social networking company’s stock valued at $670,000 after purchasing an additional 2,500 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Twitter by 2.2% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 123,675 shares of the social networking company’s stock valued at $2,969,000 after purchasing an additional 2,637 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. boosted its position in Twitter by 5.9% during the third quarter. Oppenheimer Asset Management Inc. now owns 48,098 shares of the social networking company’s stock valued at $811,000 after purchasing an additional 2,684 shares in the last quarter. 50.12% of the stock is currently owned by institutional investors.

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Twitter Company Profile

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.

Analyst Recommendations for Twitter (NYSE:TWTR)

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