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Twitter (NYSE:TWTR)‘s stock had its “underperform” rating reiterated by stock analysts at Macquarie in a report issued on Friday, TheFlyOnTheWall.com reports. They currently have a $46.00 price objective on the stock. Macquarie’s target price indicates a potential downside of 37.25% from the company’s current price.

The analysts wrote, “among the shortest downgrade you’ve ever read.” Some key points from the interview included: - “Estimate differences between underwriters and others could limit upside to consensus.” - While Macquarie is quite bullish on its potential, the firm highlights that it takes time and people to execute against opportunities and noted Twitter has half the staff of Facebook. -”

A number of other firms have also recently commented on TWTR. Analysts at Wunderlich reiterated a “sell” rating on shares of Twitter in a research note to investors on Tuesday. Separately, analysts at UBS AG initiated coverage on shares of Twitter in a research note to investors on Friday, December 20th. They set a “hold” rating and a $55.00 price target on the stock. They noted that the move was a valuation call. Finally, analysts at BMO Capital Markets initiated coverage on shares of Twitter in a research note to investors on Thursday, December 19th. They set a “market perform” rating and a $55.00 price target on the stock. They noted that the move was a valuation call. Seven equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and eight have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $45.95.

Shares of Twitter (NYSE:TWTR) opened at 73.31 on Friday. Twitter has a 52 week low of $38.80 and a 52 week high of $74.73. The stock’s 50-day moving average is $48.51 and its 200-day moving average is $48.51. The company’s market cap is $39.932 billion.

Twitter operates a free digital service site that blends social networking with the ability to post short messages (NYSE:TWTR) limited to 140 characters or less, commonly known by users as Tweets.

The Fly On The Wall

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