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
Twitter (TWTR) broke out of a base on the stock market today, gaining more than 6%. The stock closed the session still in buy range. The short-form social media platform recently unveiled group chat and more video capabilities to attract more users. Twitter also has a new agreement with Google (GOOGL) for the integration of tweets in real time in Google’s search results. Meanwhile, Facebook (FB) broke out of a cup-with-handle base last Thursday
Twitter (TWTR) has entered into a partnership with Foursquare that has the potential to boost advertising revenue with more precise location data. The partnership, announced Monday, will allow Twitter users to add their precise location in Tweets, using data from Foursquare. Twitter, the short-message social network, currently allows users to tag tweets with general geographic locations like New York City or Los Angeles. Using Foursquare’s data,