As Troll Hunt Begins, Vetr Upgrades Twitter

The Vetr crowd upgraded its rating for Twitter Inc TWTR from 4 stars (buy), issued three days ago, to 4.5 stars (strong buy). Confidence in the stock is good with 66 percent of the crowd's rating bullish.

Twitter began a large scale effort to purge the platform of accounts that circulate racist, misogynist, threatening, or otherwise offensive material. The proliferation of such accounts has been a consistent concern among users and investors.

This purge comes after increased scrutiny of social media’s role in the spread of fake or misleading news.

See how crowdsourced ratings can help you time the market.

The Vetr crowd's target price has increased to $21.11, widening the gap between the average analyst target price of $18.30. More than 6 percent of users are holding Twitter in their watch lists.

Market News and Data brought to you by Benzinga APIs

Posted In:
Comments
Loading...