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Investors and analysts had trouble Thursday reconciling their views on Twitter’s (TWTR) prospects for growing traffic, as one analyst lowered his price target on the social media outlet’s stock while investors drove shares up. Twitter stock was up more than 2%, above 28, in afternoon trading in the stock market today, after Canaccord’s Michael Graham cut his price target to 40 from 45. Graham said in a note to clients that traffic growth seems to Scalper1 News
Scalper1 News