Twitter Stock (TWTR): $65 Price Target From Loop Capital

By Amit Chowdhry ● Dec 27, 2021
  • The shares of Twitter Inc (NYSE: TWTR) have received a price target of $65 from Loop Capital. These are the details.

The shares of Twitter Inc (NYSE: TWTR) have received a price target of $65 from Loop Capital. And Loop Capital analyst Alan Gould is maintaining a “Buy” rating on the company shares. 

Gould pointed out that not many investors see the potential for the company to generate 25% topline growth, raising an unanswerable question on margin outlook and overhang for the stock after the company indicated that expenses will grow beyond the 25% floor already in place with existing programs. 

Going forward, Gould added that achieving Twitter management’s 315 million DUA target for 2023 seems aggressive and the sell-side is already 7% below the goal.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.