The original title: Piper Sandler: raised the target price of Twitter to $71, reiterating the "neutral" rating source: Sina Finance
Piper Sandler analyst Thomas Champion raised Twitter's target price to $71 from $61 and reiterated its neutral rating on the stock after the company's analyst day event. Analysts say that while Twitter's guidelines are progressive, the $700m increase in revenue estimates for 2023 is "not enough to change our view". However, Twitter's new product looks promising. (Sina Finance)