Twitter gets 'buy' rating even before listing – Firstpost

Twitter Inc’s share price could almost double in its first year as a listed company, a brokerage firm said, issuing a “buy” rating on the stock even… Twitter Inc’s share price could almost double in its first year as a listed company, a brokerage firm said, issuing a “buy” rating on the stock even before the online messaging service goes public. SunTrust Robinson Humphrey analyst Robert Peck, the first to rate the stock, suggested Twitter could float at $28-$30 per share, and said it could reach $50 within a year. Despite posting big losses over the last three years, Twitter hopes to woo investors with its Twitter’s September acquisition of online mobile-ad exchange MoPub, which is viewed as its answer to Google Inc’s DoubleClick, and its advertising alliances with broadcasters would boost advertising revenue, the brokerage said. Twitter could make use of the search capability with a product similar to Google’s AdWords, where advertisers pay Google according to the number of clicks on the ads, the brokerage said.