Market Overview

UPDATE: JP Morgan Upgrades Twitter Inc

UPDATE: JP Morgan Upgrades Twitter Inc
Related TWTR
Winners And Losers From Trump's $4 Trillion Budget Proposal
Victor Anthony Gives The Lowdown On Pandora, Snap, Twitter And Amazon
The Vetr community has downgraded $TWTR to 3-Stars (Vetr)

In Thursday's morning summary, JP Morgan upgraded Twitter Inc (NYSE: TWTR) from Neutral to Overweight and raised the price target from $54 to $64.

The upgrade comes due to increased confidence that Twitter, a primary beneficiary of the shift to mobile advertising, will continue to grow not only its user base but also its user engagement. JP Morgan believes this will be done through the combination of its onboarding efforts, rich content and content organization.

Amid the upgrade, shares of Twitter are trading up just under 2 percent Thursday morning.

Latest Ratings for TWTR

Mar 2017BarclaysInitiates Coverage OnUnderweight
Feb 2017CitigroupDowngradesNeutralSell
Feb 2017Loop CapitalDowngradesHoldSell

View More Analyst Ratings for TWTR
View the Latest Analyst Ratings

Posted-In: JP MorganAnalyst Color News Upgrades Price Target Analyst Ratings


Related Articles (TWTR)

View Comments and Join the Discussion!