Street Undecided On Raymond James Upgrade Of Twitter

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Twitter Inc TWTR shares are trading higher by $0.22 at $18.52 in Tuesday's session. Off the open the issue broke out of its three-day trading range, rallying to $18.96 following a Raymond James upgrade from Market Perform to Outperform.

It quickly gave back those gains but found support ahead of the pair of lows from Friday ($17.77) and Monday ($17.76), only reaching $18.10. Since making the low, it has been consolidating at the $18.50 area.

Along with similar ranges over the last three days, the issue has ended all three sessions within a $0.13 range ($18.30-$18.43).

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