Economy - Finance > Banks

Twitter could rise another 30% as ad spending is set to soar, Bank of America says

2 monthes ago   |   By Business Insider

Summary List Placement Twitter stock could rise by about 30% as the social media platform stands to see further growth in advertising sales which have been recovering after the onset of the coronavirus pandemic, Bank of America said Friday.
Twitter's own outlook for the third quarter points to optimism about its business prospects, the investment bank said in a research note in which it raised its price objective and reiterated its buy rating on the stock.
The bank's new price objective of $90 follows Thursday's closing price of $69.57, implying a 29% increase. BofA increased its price...
Read more ...

 

Twitter could rise another 30% as ad spending is set to soar, Bank of America says

Twitter could rise another 30% as ad spending is set to soar, Bank of America says

2 monthes ago   |   By Business Insider

Twitter CEO Jack Dorsey.
PRAKASH SINGH/AFP via Getty Images
Twitter stock could rise by almost 30% to $90 per share, according to Bank of America analysts.
BofA sees Twitter expanding in its advertising growth which took a hit during the COVID-19 pandemic.
BofA reiterated its buy rating on the stock.
See more stories on Insider's business page .
Twitter stock could rise by about 30% as the social media platform stands to see further growth in advertising sales which have been recovering after the onset of the coronavirus pandemic, Bank of America said Friday. Twitter's own outlook for the...
Read more ...

 


Search by Tags

   Banks      Poll      Buy      Investments      Sale      Advertising      Invest      Business      Bank      Investment      Rate      Medias      Media      Polls      Ads      Markets      MI Exclusive      Twitter      Twitter stock price      Twitter Ads      Twitter earnings      Tech stocks      Nasdaq 100      Bank of America      BofA research  


Bell Bank names Senecal as deputy chief credit officer

Bell Bank announced it has named Jenny Senecal as its deputy chief credit officer. Read more ...

Ideal Credit Union hires two to management

Ideal Credit Union announced it has hired two new associates to management positions. Read more ...

MSR Design lands Women's Business Enterprise certificate

The Women's Business Development Center-Midwest has certified Minneapolis-based architecture and interior design firm MSR Design as a Women's Business Enterprise. Read more ...

Will delta variant wreck the recovery?

While there is no reason to expect a repeat of the huge disruption of 2020, the new variant puts at risk the kind of rapid recovery that has been underway for months. Read more ...

Turn off, turn on: Simple step can thwart top phone hackers

At a time of widespread digital insecurity it turns out that the oldest and simplest computer fix there is - turning a device off then back on again - can thwart hackers from... Read more ...

Burnsville industrial project heads to city council

Capstone Quadrangle is looking to construct twin office-warehouse buildings in Burnsville, with hopes of bringing new businesses to the southern metro city. Read more ...

No slowdown in sight for single-family housing

Single-family homebuilders did their part in July to add much-needed housing stock to the 13-county metro area, but multifamily construction activity was mixed during the month. Read more ...

Kraus-Anderson completes $2.5M clinic renovation in Moose Lake

Minneapolis-based Kraus-Anderson has completed a $2.5 million renovation of Essentia Health's clinic in Moose Lake, Minnesota. Read more ...

Butch Ames steps down as president of Ames Construction

Raymond G. “Butch” Ames, longtime president and CEO of Burnsville-based heavy civil and industrial contractor Ames Construction, has passed the company's leadership baton to... Read more ...

July 29, 2021 Digital Edition

The Digital Edition of Finance & Commerce is available to both print and online subscribers. Read more ...