Analysts are feeling the positive vibes on Tuesday with Twitter, Box and ADT all getting a thumbs-up. Twitter was reiterated as a BUY with its price target nudged up to $62 at MKM Partners. Analysts said they believe prices could appreciate to over $150 over the next four years. Box was initiated with an OUTPERFORM rating and $24 price target at Credit Suisse. Analysts said its user base will grow as IT departments seek solutions to data sharing. ADT was upgraded to OUTPERFORM at Oppenheimer with a $45 price target based on the likelihood it will return to positive subscriber growth this year.
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