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Jefferies Reiterates Buy on Twitter (TWTR) Following 1Q Report

April 27, 2017 10:21 AM EDT

Jefferies reiterated a Buy rating and $20.00 price target on Twitter, Inc. (NYSE: TWTR) following the company's 1Q report. 1Q results bested guidance and expectations on both the top and bottom line. TWTR reported 1Q revenues of $548M, ahead of the Street's $513M.

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