NEW YORK (TheStreet) -- Shares of Twitter (TWTR) - Get Report are soaring today, up 10.75% to $33.79.

Earlier this morning,  the microblogging company's stock was upgraded to "buy" from "neutral" at Nomura Holdings (NMR) - Get Report.

The firm set a $43.00 price target as Nomura analysts noted that the move was a valuation call.

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The shares, which are still down more than 45% so far this year, slid in recent weeks after lockup restrictions on the stock expired and amid investor concerns that user growth is decelerating for the company, Bloomberg reported.

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