Stifel Resumes Twitter, Inc. (TWTR) at Hold

Stifel analyst Mark Kelley resumes coverage on Twitter, Inc. (NYSE: TWTR) with a Hold rating and a price target of $39.00.

The analyst commented, "Twitter is one of the most unique digital media properties we cover, with both user-generated content and professional/curated content via partnerships with some of the world’s leading media owners. This unique asset has attracted a fairly stable base of users that rely on the service for breaking news and up-to-the-second conversations every day, not solely when there are large regional or global events (Olympics, World Cup, elections, etc.). Despite these views, we are resuming coverage of Twitter shares with a Hold rating and $39 target price."

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 $35.27 yesterday.

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