NEW YORK, November 8, 2013 /PRNewswire/ --
Market Buzz Report, one of the leaders in providing daily penny stocks alert, issues critical research analysis for Twitter Inc(NYSE: TWTR), Vale SA (NYSE: VALE), OCZ Technology Group Inc.(NASDAQ: OCZ), Radian Group Inc(NYSE: RDN), Keryx Biopharmaceuticals(NASDAQ: KERX).
Though off its intraday high of $50.09 (achieved shortly after shares began trading), Twitter Inc(NYSE: TWTR) remains above its opening level of $45.10. 89M shares have been traded so far, after 70M were sold in the company's $1.82B IPO.
Is TWTR Still A Buy After The Stunning Debut? Get The Special Report Here http://marketbuzzreport.com/index.php?code=TWTR (Or Copy and paste the URL into your browser)
Twitter is staying strong even as Internet peers (many of which soared earlier this year) sell off, and Pivotal Research's Brian Wieser issues a two-notch downgrade to Sell, citing valuation; the firm has slightly lifted its PT to $30 from $29.Wieser: "One way to justify a $45 price in our model would involve presuming that Twitter could generate more than [$6 billion] in annual revenue by 2018 ... "However, we think that would seem overly optimistic to us given our best assessment of the industry and the business at this point in time."Six other firms still have bullish ratings on Twitter, but only two - Topeka and SunTrust - have PTs above Twitter's current trading price. With shares trading at
|SOURCE FN Media Group, LLC|
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