Chart o’ the Day: Twitter Catalyst Timeline

Bob Peck (SunTrust Robinson Humphrey) flipped back to positive on shares of Twitter this morning and slapped a $38 price target on the stock, which would imply 10 points of potential upside. (full disclosure: I have a personal position in the stock)

Peck’s insight is that the risk/reward is now much more favorable given the stock’s 50% decline over the last few months. He cites several current and future catalysts that could boost the stock from today’s levels…

(as always, click to embiggen!)

Source:

Series of Catalysts to Come Soon – Upgrading to Buy
SunTrust Robinson Humphrey – August 31st 2015