Home » Technology » Should I buy the Dip in Twitter Action (TWTR)? – Latest News

Should I buy the Dip in Twitter Action (TWTR)? – Latest News

According to Beat Market, the average analyst target price is $ 68.13 for Twitter stock, 5% above its current price. Of the 36 analysts who follow Twitter, 16 recommend a buy, 19 recommend a suspension, and one recommends a sale. Their highest target price of $ 112 is 72% above the current stock price, while their lowest target price of $ 23 is 65% below.

Several analysts cut their target prices on Twitter stocks after the company released its first quarter results. JP Morgan reduced its target price from $ 91 to $ 80, while Morgan Stanley reduced its target price from $ 68 to $ 62. Barclays, KeyCorp, UBS, Mizuho have also reduced their price targets.

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