Twitter User Trend Rebound Sparks Buy Rating

By | April 1, 2015

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Twitter (TWTR) stock rose on Wednesday, riding news that investment bank Jefferies initiated coverage of the microblog with a buy rating, citing a rebound in user growth. Twitter stock was up 1.5% in midday trading in the stock market today, near 51. Jefferies set a price target of 65. Twitter stock is up 39% this year. “We believe Twitter is a leader in the crowded social media space and is particularly well-positioned to benefit from online Scalper1 News

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