Twitter Receives a Sell from Barclays

By Jason Carr

Barclays analyst Ross Sandler maintained a Sell rating on Twitter (NYSE: TWTR) on July 27 and set a price target of $16. The company’s shares closed yesterday at $16.75.

According to TipRanks.com, Sandler is a 5-star analyst with an average return of 9.7% and a 62.7% success rate. Sandler covers the Technology sector, focusing on stocks such as IAC/InterActiveCorp, Angie’s List Inc, and Match Group Inc.

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 27, Aegis Capital also maintained a Sell rating on the stock with a $13 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.