Thursday, May 29, 2014

Twitter upgraded to Buy from Hold at Cantor $TWTR

May 29 at 06:35

      Cantor Fitzgerald upgraded its rating on shares of Twitter (TWTR) to Buy
from Hold citing the recent pullback in shares as well as the company's
"substantial" growth and monetization opportunity. Cantor points out the stock
has sold off over 50% and says it sees more upside than downside in the stock.
The firm keeps a $40 price target for shares, which closed yesterday up $3.26
to $33.77.

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