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Analysts’ Actions: Hewlett-Packard a Buy, Twitter Seen as Social Media Leader

July 21, 2023
in Trade Tube
Reading Time: 1 min read
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Positive vibes for Twitter, Hewlett-Packard and Apple, all in Wednesday’s Analysts’ Actions. Twitter was rated as a new BUY at Jefferies with a $65 price target. The firm said it believes the company is a leader in the social media space with ample opportunity to benefit from growing online video and mobile ad trends. Hewlett-Packard was upgraded to BUY at Jefferies with its price target boosted to $41. Analysts said recent meetings with management have increased their confidence in the company’s planned split. Apple was added to Citi’s U.S. Focus List. The firm said investors are underestimating demand for Apple’s iPhone 6 and 6 Plus models.

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