Twitter Gets a Hold Rating from Pivotal Research

By Austin Angelo

In a report issued on July 27, Brian Wieser from Pivotal Research reiterated a Hold rating on Twitter (NYSE: TWTR), with a price target of $17. The company’s shares closed on Friday at $16.75.

According to TipRanks.com, Wieser is a 5-star analyst with an average return of 11.3% and a 73.2% success rate. Wieser covers the Services sector, focusing on stocks such as Interpublic Group of Companies, Publicis Groupe SA, and Nielsen Holdings.

Currently, the analyst consensus on Twitter is Hold and the average price target is $16.17, representing a -3.5% downside.

In a report issued on July 13, BMO Capital also reiterated a Hold rating on the stock with a $17 price target.

The company has a one year high of $25.25 and a one year low of $14.12. Currently, Twitter has an average volume of 19.51M.

Based on the recent corporate insider activity of 67 insiders, corporate insider sentiment is negative on the stock. Most recently, in April 2017, Jack Dorsey, the Interim CEO of TWTR bought 574,002 shares for a total of $9,539,913.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Twitter, Inc. is a global platform for public self-expression and conversation in real time. It provides a network that connects users to people, information, ideas, opinions, and news. The company’s services include live commentary, live connections and live conversations.