Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Twitter, Inc. Stock Jumped Monday

TheMotleyFool

0 0

Shares of social network Twitter (NYSE: TWTR) jumped as much as 11.3% on Monday (and is still up over 11% as of market close). The stock's rise follows two bullish notes from analysts.

J.P. Morgan analyst Doug Anmuth raised his price target for the stock from $20 to $27, calling it one of the firm's "top small and mid-cap ideas in 2018," according to Tech Trader Daily. In a similarly bullish note, Summit Redstone analyst Jonathan Kees initiated coverage of Twitter stock with a buy rating and a $26 price target.

Image source: Getty Images.

Source: Fool.com