TWTR: Twitter Gets Second Upgrade in Two Days

Morgan Stanley upgraded the stock on Thursday

   

TWTR: Twitter Gets Second Upgrade in Two Days

On Friday, Twitter (TWTR) received its second vote of confidence from a Wall Street bank in as many days. TWTR stock climbed about 2% in morning trading.

Twitter630 300x227 TWTR: Twitter Gets Second Upgrade in Two DaysAn analyst at Bank of America (BAC) raised his rating for Twitter stock from “Underperform” to “Neutral,” citing Twitter’s accelerating quarterly active user growth. Bank of America has a $36 price target for Twitter shares, Benzinga notes.

Yesterday, Morgan Stanley (MS) upgraded TWTR stock from a rating of “Underweight” to “Equal Weight.” The move sent Twitter stock higher during the day.

Twitter 200x200 TWTR: Twitter Gets Second Upgrade in Two Days
TWTR Stock Not Done Suffering From Twitter Fatigue

Twitter stock closed a $31.96 per share on Thursday.

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Article printed from InvestorPlace Media, http://investorplace.com/2014/05/twtr-twitter-gets-second-upgrade-two-days/.

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