TWTR Stock Rating: “Neutral” from JPMorgan
TWTR Stock Price Target: $40
% Downside for TWTR: -2%
JPMorgan, the next Twitter stock underwriter, more or less shrugged at its potential.
Not only did it give TWTR stock a “neutral” rating,” but its target for Twitter stock is right around the current price.
As The Wall Street Journal noted, JPMorgan said about the TWTR stock rating: “We believe Twitter has fundamentally changed the way people communicate and consume information… However, we believe Twitter is fairly valued at current levels.”