Will This Upgrade Help Twitter (TWTR) Stock Today?

NEW YORK (TheStreet) -- Twitter (TWTR) stock has been upgraded to "market perform" from "underperform," Wells Fargo said Monday. The firm said the company is showing an impressive utilization of its mobile platform and the risk/reward appears more balance following the recent weakness.

Over Monday's session, shares popped 3.4% to $34.47. Year to date, the stock is down 45.8% following selloffs affecting heavy-volume, high-momentum tech stocks. 

Must ReadWarren Buffett's 25 Favorite Stocks 

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

TWTR ChartTWTR data by YCharts

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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