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.
It seems increasingly likely that Twitter's life as an independent company is coming to an end. These ETFs will help you benefit if it gets bought.
The entertainment giant may be considering a deal for the troubled, social media company.
BlackBerry sharply rose after announcing it was getting out of the business of developing and manufacturing smartphones. Amazon trended higher after a favorable research note from Nomura.