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Fly News Breaks for June 15, 2018
TWTR
Jun 15, 2018 | 07:40 EDT
UBS analyst Eric Sheridan raised his price target on Twitter to $52 from $36 as he sees the World Cup as an important catalyst for the stock both in terms of engagement growth and ad demand trends. He also said the company's inclusion into the S&P 500 has resulted in increased demand from index funds and institutional investors. Sheridan reiterated his Buy rating on Twitter shares.
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