Post-Quiet Period, Wall Street Weighs in on Twitter

Here’s the Wall Street Journal’s Alexandra Scaggs:

Twitter’s quiet period is over an the analysts for its five lead underwriters are out with their first reports on the company.

Shares of the Twitter are trading at $40.92, well above its IPO price of $26.

Two of the five analysts gave Twitter a buy rating or the equivalent to a buy rating; two gave it a neutral rating; and one gave it a sell rating. The average price target was $41, 1.4% below where the stock closed trading Friday at $41.57.

Goldman, BofA, JPMorgan and the rest all weigh in, head over at the link below for specific commentary…

Source:

Quiet Period Over; Twitter’s Underwriters Weigh In (MoneyBeat)

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