Shares of several social media companies such as Twitter Inc. TWTR, Snap Inc. SNAP and Pinterest, Inc. PINS are trading higher after Deutsche Bank maintained a Buy rating on the stocks and raised its price targets.
Deutsche Bank raised its price target on Pinterest from $43 to $55, Twitter from $36 to $56 and Snap from $28 to $32.
Twitter's stock was trading up 5.28% at $48.33 per share on Monday at the time of publication. The company has a 52-week high of $48.56 and a 52-week low of $20.
Snap's stock was trading up 1.22% at $27.33 per share. The company has a 52-week high of $27.79 and a 52-week low of $7.89.
Pinterest's stock was trading up 5.44% at $45.75 per share. The company has a 52-week high of $45.83 and a 52-week low of $10.10.
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