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In a report published Tuesday, SunTrust Robinson Humphrey analyst Robert S. Peck reiterated a Buy rating and $50.00 price target on
TwitterTWTR.
In the report, SunTrust Robinson Humphrey noted, “With the increased IPO range ($23-25 from $17-20) given by Twitter yesterday, we have updated our latest financial thoughts, coupled with our investment theme for a concise recommendation for investors. Further, we include the risks & opportunities commonly cited by investors to us over the last month since our pre-IPO initiation.”
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