TWTR: Twitter Gets Second Upgrade in Two Days

Morgan Stanley upgraded the stock on Thursday


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.

Twitter IPO NYSEAn 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.

TWTR Stock Not Done Suffering From Twitter Fatigue
TWTR Stock Not Done Suffering From Twitter Fatigue

Twitter stock closed a $31.96 per share on Thursday.

More Twitter News:

Article printed from InvestorPlace Media,

©2016 InvestorPlace Media, LLC

Comments are currently unavailable. Please check back soon.