Twitter price target raised to $72 from $50 at MKM Partners MKM Partners raised its price target for Twitter shares to $72 saying the company's "impressive" revenue momentum should drive the stock higher. MKM believes Twitter's "disappointing" user metrics in Q4 look fully priced in and it keeps a Buy rating on Twitter.
Twitter says user base to shift towards Android, managing products accordingly Says currently, user base equally split between iPhone and Android. Expects Android to become dominant amid global expansion.
Twitter says plans to accelerate pace and breadth of product change Says adding significant functionality to private messaging and will roll out this quarter. Says goal is to build world's largest daily audience. Comments from analyst day presentation.