TWTR Stock Rating: “Buy” from Deutsche Bank
TWTR Stock Price Target: $50
% Upside for TWTR Stock: 22%
The first of the major stock underwriters is Deutsche Bank. While the overall initial coverage for TWTR stock wasn’t as bullish as expected, it wasn’t because of DB.
Of all the Twitter stock analysts, Deutsche Bank was the most bullish … and not just because Deutsche Bank rated TWTR a “buy.” The firm also placed a price target of $50 on shares of TWTR — more than 20% upside from here, and representing double the Twitter IPO price.
DB is a fan of Twitter’s rival Facebook (FB), too, as it recently reiterated its “buy” rating on FB stock and upped the price target.