Twitter Price Target Raised After Advertiser Survey

By | December 13, 2013

Scalper1 News

Twitter (TWTR) got a price target hike from RBC Capital Markets Friday, sending shares up nearly 4% on the stock market today to an all-time high for the fourth straight session. RBC and Ad Age conducted a survey of advertising industry professionals, and the results look good for Twitter, analyst Mark Mahaney wrote in a research report. Some 59% of respondents said they plan to increase spending with Twitter over the next 12 months vs. only 4% Scalper1 News

Scalper1 News