Shares of Twitter (NYSE: TWTR) climbed 6.1% on Wednesday, following an analyst upgrade. 

Pivotal Research analyst Michael Levine boosted his rating on Twitter's stock from hold to buy. He also raised his price forecast from $36 to $59.75, or more than 30% higher than the stock's closing price of $45.33.

Analysts are growing more bullish on Twitter's shares. Image source: Getty Images.

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Source Fool.com