Investors Bullish On Twitter After Upgrade At Nomura

In a report issued Wednesday, Nomura upgraded its rating of Twitter TWTR from Neutral to Buy with a target price of $43. Analyst Anthony DiClemente sees that the risk/reward for Twitter is favorable and that now given the possibility that product enhancements will "rejuvenate" user growth, the company should be poised for success. Shares of Twitter up 3.41 percent to $31.55 at last checked trade.