How Will This Upgrade Affect Twitter (TWTR) Stock?

NEW YORK (TheStreet) -- Shares of Twitter Inc.  (TWTR) were upgraded to "buy" from "neutral" at Nomura Holdings (NMR) this morning.

The firm has a $43.price target on the stock. Nomura's analysts noted that the move was a valuation call.

The stock is up 3.64% to $31.62 in pre-market trade.

Must Read: Warren Buffett's 25 Favorite Growth Stocks

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