Twitter (NYSE:TWTR) had its price target raised by JPMorgan Chase & Co. to $36.00 in a research note published on Friday. JPMorgan Chase & Co. currently has an overweight rating on the social networking company’s stock.

Several other equities research analysts also recently issued reports on TWTR. Stifel Nicolaus set a $26.00 target price on shares of Twitter and gave the company a hold rating in a research note on Thursday, February 8th. Goldman Sachs Group set a $26.00 target price on shares of Twitter and gave the company a buy rating in a research note on Friday, October 27th. Susquehanna Bancshares raised their target price on shares of Twitter from $17.00 to $20.00 and gave the company a neutral rating in a research note on Thursday, October 26th. Vetr downgraded shares of Twitter from a strong-buy rating to a buy rating and set a $24.17 target price for the company. in a research note on Tuesday, November 21st. Finally, Wells Fargo & Co raised their target price on shares of Twitter from $16.00 to $19.00 and gave the company a market perform rating in a research note on Friday, October 27th. Eight research analysts have rated the stock with a sell rating, twenty-one have given a hold rating and eight have assigned a buy rating to the company’s stock. Twitter has a consensus rating of Hold and a consensus target price of $22.79.

Twitter (NYSE:TWTR) opened at $30.95 on Friday. The firm has a market capitalization of $22,990.00, a PE ratio of -206.33, a PEG ratio of 13.74 and a beta of 1.14. The company has a quick ratio of 10.40, a current ratio of 10.40 and a debt-to-equity ratio of 0.35. Twitter has a 1-year low of $14.12 and a 1-year high of $35.00.

Twitter (NYSE:TWTR) last announced its quarterly earnings data on Thursday, February 8th. The social networking company reported $0.19 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.14 by $0.05. The company had revenue of $731.60 million during the quarter, compared to analysts’ expectations of $686.12 million. Twitter had a positive return on equity of 0.79% and a negative net margin of 4.42%. Twitter’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.11 EPS. sell-side analysts expect that Twitter will post 0.11 earnings per share for the current fiscal year.

In other news, insider Robert Kaiden sold 1,186 shares of the firm’s stock in a transaction that occurred on Wednesday, January 3rd. The shares were sold at an average price of $24.44, for a total transaction of $28,985.84. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Evan Clark Williams sold 565,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 15th. The stock was sold at an average price of $20.08, for a total transaction of $11,345,200.00. Following the transaction, the director now directly owns 2,441,312 shares in the company, valued at $49,021,544.96. The disclosure for this sale can be found here. Insiders have sold 3,225,011 shares of company stock valued at $69,509,411 over the last 90 days. Company insiders own 9.18% of the company’s stock.

Institutional investors and hedge funds have recently made changes to their positions in the company. Balentine LLC increased its holdings in shares of Twitter by 86.6% during the third quarter. Balentine LLC now owns 6,822 shares of the social networking company’s stock worth $115,000 after purchasing an additional 3,167 shares during the period. Toronto Dominion Bank increased its holdings in shares of Twitter by 21.3% during the second quarter. Toronto Dominion Bank now owns 7,592 shares of the social networking company’s stock worth $136,000 after purchasing an additional 1,333 shares during the period. Malaga Cove Capital LLC bought a new position in shares of Twitter during the third quarter worth approximately $154,000. Staley Capital Advisers Inc. bought a new position in shares of Twitter during the third quarter worth approximately $173,000. Finally, Berkshire Asset Management LLC PA bought a new position in shares of Twitter during the third quarter worth approximately $184,000. 49.26% 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.

Analyst Recommendations for Twitter (NYSE:TWTR)

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