Twitter Gets Price Target Boost On Ad Gains

By | October 20, 2014

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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 Scalper1 News

Scalper1 News