TWTR: Twitter Gets Second Upgrade in Two Days

by Christopher Freeburn | May 9, 2014 11:37 am

On Friday, Twitter (TWTR[1]) received its second vote of confidence[2] from a Wall Street bank in as many days. TWTR stock climbed about 2% in morning trading.

Twitter IPO NYSE[3]An analyst at Bank of America (BAC[4]) 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[5]) upgraded TWTR stock[6] from a rating of “Underweight” to “Equal Weight.” The move sent Twitter stock higher during the day.

Twitter stock closed a $31.96 per share on Thursday.

More Twitter News:

  1. TWTR:
  2. received its second vote of confidence:
  3. [Image]:
  4. BAC:
  5. MS:
  6. upgraded TWTR stock:
  7. Twitter – TWTR stock falls into the abyss, now what?:
  8. TWTR Stock Not Done Suffering From Twitter Fatigue:
  9. TWTR: Twitter Buys Long-Time Data Partner Gnip:

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