Twitter Gets Downgrade On ‘Volatile’ Stock Price

By | March 25, 2015

Scalper1 News

Reversing an upgrade three months ago, Twitter (TWTR) was handed a downgrade on Wednesday from Pivotal Research Group, which called the short-messaging service’s recent stock price too “volatile”. Pivotal downgraded Twitter stock to hold from buy but maintained its price target of 51. Noting that shares have risen 47% the past three months, Pivotal analyst Brian Wieser wrote in a research note that “we think it is time to take money off the table Scalper1 News

Scalper1 News