Twitter (TWTR) PT Lifted to $45 at Susquehanna

Susquehanna analyst Brian Nowak reiterated a Neutral rating and boosted his price target on Twitter, Inc. (NYSE: TWTR) to $45.00 (from $39.00) following Q2 results.

Nowak comments, "TWTR's better than expected numbers squeezed the stock higher last night, but we remain Neutral. In our view, one quarter of better user growth does not answer the company's user growth or long-term opportunity-sizing question marks. And 38X 2015 EBITDA isn't cheap, so we continue to prefer FB and GOOGL in large-cap online advertising."

The firm raise '14 revenue by 7% and our EBITDA by 37%.

For an analyst ratings summary and ratings history on Twitter, Inc. click here. For more ratings news on Twitter, Inc. click here.

Shares of Twitter, Inc. closed at $38.59 yesterday.

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