Market Overview

UPDATE: JP Morgan Upgrades Twitter Inc

Share:
UPDATE: JP Morgan Upgrades Twitter Inc

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

DateFirmActionFromTo
Oct 2020JefferiesMaintainsHold
Oct 2020Morgan StanleyMaintainsEqual-Weight
Oct 2020Deutsche BankUpgradesHoldBuy

View More Analyst Ratings for TWTR
View the Latest Analyst Ratings

 

Related Articles (TWTR)

View Comments and Join the Discussion!

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

Latest Ratings

StockFirmActionPT
CMGDeutsche BankMaintains1,235.0
GMBarclaysMaintains40.0
FBarclaysMaintains9.0
AAPLPiper SandlerMaintains135.0
ALGNPiper SandlerMaintains500.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com