BofA/Merrill Lynch Double Upgrades Twitter, Inc. (TWTR) to Buy

BofA/Merrill Lynch analyst Justin Post upgraded Twitter, Inc. (NYSE: TWTR) from Underperform to Buy with a price target of $39.00.

The analyst believes a shift in focus from the Street to DAUS over MAUs is a positive for the stock. He sees the equity as a "strong play" with video and video ad sollar shift Online.

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 $32.25 yesterday.

You May Also Be Interested In

• BofA Securities Resumes American Eagle Outfitters (AEO) at Underperform
• Freedom Broker Upgrades Serve Robotics (SERV) to Buy
• BofA's Hartnett explains why Wall Street is trading with 'no fear'