Twitter (NYSE:TWTR) had its price target hoisted by BMO Capital Markets from $22.00 to $28.00 in a report published on Monday morning. The firm currently has a market perform rating on the social networking company’s stock.

Several other research analysts have also recently weighed in on TWTR. SunTrust Banks upped their price target on shares of Twitter to $29.00 and gave the company a hold rating in a report on Friday, February 9th. They noted that the move was a valuation call. Canaccord Genuity upped their price target on shares of Twitter from $21.00 to $25.00 and gave the company a hold rating in a report on Friday, February 9th. Wells Fargo & Co upped their price target on shares of Twitter to $28.00 and gave the company a market perform rating in a report on Friday, February 9th. Bank of America lifted their target price on Twitter from $20.00 to $26.00 and gave the stock an underperform rating in a research note on Friday, February 9th. Finally, Robert W. Baird lifted their target price on Twitter from $20.00 to $33.00 and gave the stock a neutral rating in a research note on Friday, February 9th. Eight research analysts have rated the stock with a sell rating, twenty-two have given a hold rating and seven have given a buy rating to the stock. The stock presently has a consensus rating of Hold and an average price target of $22.79.

Twitter (TWTR) opened at $33.75 on Monday. The firm has a market cap of $25,070.00, a P/E ratio of -225.00, a PEG ratio of 13.93 and a beta of 1.14. Twitter has a 1-year low of $14.12 and a 1-year 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.

Twitter (NYSE:TWTR) last released its quarterly earnings results 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 negative net margin of 4.42% and a positive return on equity of 0.79%. The business’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.11 earnings per share. sell-side analysts expect that Twitter will post 0.1 EPS for the current fiscal year.

In other Twitter news, insider Robert Kaiden sold 6,018 shares of Twitter stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $26.17, for a total transaction of $157,491.06. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, General Counsel Vijaya Gadde sold 15,000 shares of Twitter stock in a transaction dated Tuesday, December 5th. The shares were sold at an average price of $20.71, for a total value of $310,650.00. The disclosure for this sale can be found here. Insiders have sold a total of 2,660,011 shares of company stock valued at $58,164,211 in the last ninety days. Insiders own 9.18% of the company’s stock.

A number of hedge funds have recently bought and sold shares of the business. Toronto Dominion Bank grew its holdings in Twitter by 21.3% during the 2nd quarter. Toronto Dominion Bank now owns 7,592 shares of the social networking company’s stock valued at $136,000 after buying an additional 1,333 shares in the last quarter. Cetera Investment Advisers grew its holdings in Twitter by 14.6% during the 4th quarter. Cetera Investment Advisers now owns 12,994 shares of the social networking company’s stock valued at $313,000 after buying an additional 1,657 shares in the last quarter. Partnervest Advisory Services LLC grew its holdings in Twitter by 9.8% during the 4th quarter. Partnervest Advisory Services LLC now owns 27,893 shares of the social networking company’s stock valued at $670,000 after buying an additional 2,500 shares in the last quarter. Zeke Capital Advisors LLC grew its holdings in Twitter by 19.8% during the 4th quarter. Zeke Capital Advisors LLC now owns 15,126 shares of the social networking company’s stock valued at $363,000 after buying an additional 2,500 shares in the last quarter. Finally, Moors & Cabot Inc. grew its holdings in Twitter by 16.2% during the 4th quarter. Moors & Cabot Inc. now owns 18,425 shares of the social networking company’s stock valued at $441,000 after buying an additional 2,575 shares in the last quarter. 49.26% of the stock is owned by institutional investors and hedge funds.

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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.

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