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Twitter TWTR shares were trading lower on Thursday after Mizuho maintained a Neutral rating on the stock and raised the price target from $33 to $40.
Twitter is an open distribution platform for and a conversational platform around short-form text. Twitter generates revenue from advertising (90%) and licensing the user data that it compiles (10%).
Twitter shares were trading down 5.10% at $43.01 at the time of publication Thursday. The stock has a 52-week high of $42.80 and a 52-week low of $20.
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