2020-05-01 06:27:42 TWTR
05/01/20 05/0106:27 05/01/2006:27 | Twitter price target raised to $39 from $35 at Goldman SachsGoldman Sachs analyst Heath Terry raised the firm's price target on Twitter to $39 from $35 and keeps a Buy rating on the shares after the company reported better than expected revenue and monetizable daily average user growth in Q1, stating that he believes that the acceleration in Twitter user growth speaks to the utility that users find in the platform. Growth on the platform and the renewed focus on advertising technology will "leave Twitter well positioned to exit this crisis stronger than it entered it," Terry added. |
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