Saying that microblog Twitter (TWTR) has gained higher click-through rates on ads than its peers and will benefit from the recent launch of its embedded “Buy” button feature, investment bank Topeka Capital Markets boosted its price target on Twitter stock to 63 from 62. Twitter stock was up 3.5% in afternoon trading in the stock market today, near 50.50. “We have seen increasing demand for Twitter’s ad platform … and received feedback that
Tesla Motors (TSLA) CEO Elon Musk Thursday night introduced the “D” that investors, the press and electric-car enthusiasts have been speculating about the last nine days. The “D” he hinted about on Twitter (TWTR) Oct. 1 is all about drive, all-wheel drive and dual motors to power that, say reports noting that all Model S sedans with it will bear the designation “D.” And there’s also driver-assist technology, mentioned earlier this week. At a
Micro-blogging network Twitter (TWTR) is gaining in mobile ads and could see its user base more than double to 600 million by 2018, a JPMorgan analyst said Thursday in upgrading Twitter stock to overweight from neutral and boosting the Internet company’s price target to 64 from 54. Twitter stock rose 3.6% in the stock market today , to 51.85. Twitter stock is up 75% since early May but still down 18% in 2014. “Twitter is a primary beneficiary of