Twitter Inc (NYSE:TWTR) received a $42.00 target price from equities researchers at Jefferies Group in a note issued to investors on Tuesday, AnalystRatings.NET reports. The firm presently has a a “buy” rating on the social networking company’s stock. Jefferies Group’s price target indicates a potential upside of 146.77% from the stock’s previous close.

Twitter (NYSE:TWTR) opened at 17.02 on Tuesday. Twitter has a 52 week low of $15.48 and a 52 week high of $53.49. The stock’s market cap is $11.51 billion. The stock has a 50 day moving average of $21.59 and a 200-day moving average of $27.03.

A number of other research firms also recently commented on TWTR. Cantor Fitzgerald reiterated a “buy” rating and issued a $50.00 target price on shares of Twitter in a report on Tuesday, October 27th. Rosenblatt Securities reissued a “neutral” rating on shares of Twitter in a research report on Tuesday, October 27th. Barclays dropped their target price on shares of Twitter from $40.00 to $33.00 and set an “equal weight” rating on the stock in a research report on Wednesday, October 28th. Goldman Sachs reissued a “buy” rating and issued a $40.00 target price (down from $44.00) on shares of Twitter in a research report on Wednesday, October 28th. Finally, Canaccord Genuity dropped their target price on shares of Twitter to $38.00 and set a “buy” rating on the stock in a research report on Wednesday, October 28th. Four research analysts have rated the stock with a sell rating, twenty-seven have assigned a hold rating, eighteen have issued a buy rating and two have given a strong buy rating to the company’s stock. Twitter presently has a consensus rating of “Hold” and an average price target of $33.45.

Other institutional investors have modified their holdings of the company. Mackay Shields acquired a new position in shares of Twitter during the fourth quarter valued at $15,077,000. Verde Servico Internacionais acquired a new position in shares of Twitter during the fourth quarter valued at $626,070,000. Wellcome Trust boosted its position in shares of Twitter by 0.8% in the fourth quarter. Wellcome Trust now owns 7,000,000 shares of the social networking company’s stock valued at $161,980,000 after buying an additional 55,134 shares in the last quarter. Eagle Asset Management boosted its position in shares of Twitter by 103.3% in the third quarter. Eagle Asset Management now owns 468,734 shares of the social networking company’s stock valued at $12,626,000 after buying an additional 238,119 shares in the last quarter. Finally, Janus Capital Management boosted its position in shares of Twitter by 24.2% in the third quarter. Janus Capital Management now owns 377,534 shares of the social networking company’s stock valued at $10,171,000 after buying an additional 73,672 shares in the last quarter.

In related news, VP Alexander Roetter sold 30,208 shares of the stock in a transaction that occurred on Thursday, November 5th. The stock was sold at an average price of $29.17, for a total transaction of $881,167.36. Following the completion of the sale, the vice president now directly owns 845,567 shares of the company’s stock, valued at approximately $24,665,189.39. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Evan Clark Williams sold 1,848,342 shares of the stock in a transaction that occurred on Monday, November 30th. The stock was sold at an average price of $25.25, for a total value of $46,670,635.50. Following the sale, the director now directly owns 2,720,602 shares of the company’s stock, valued at $68,695,200.50. The disclosure for this sale can be found here.

Twitter, Inc. (NYSE:TWTR) is a global platform for public self-expression and conversation in real time. The Company offers products and services for users, advertisers, developers and platform and data partners. Products and services for users enables a way for people to create, distribute and discover content, which enables a user on Twitter to create a tweet and a user to follow other users. Products and services for advertisers consist of promoted products, which enable its advertisers to promote their brands, products and services, and extend the conversation around their advertising message. Products for platform partners and developers provide a set of tools, public application program interface (APIs) and embeddable widgets that developers use to contribute their content to its platform, syndicate and distribute its content across their properties. Products for data partners offer subscription access to its public data feed.

12 Month Chart for NYSE:TWTR

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