Twitter Soars on New Timeline Feature, Netflix Jumps on Price Target Increase - TheStreet

NEW YORK (TheStreet) -- Twitter (TWTR) - Get Report surged Tuesday after introducing a new content screening feature it's testing. Netflix (NFLX) - Get Report soared on a price target increase from Barclays. Google (GOOG) - Get Report rose on naming a new chief financial officer.

Twitter soared 6.2% to close at $51.47, on a day when the broader markets finished down across the board.

The social media communications service surged after introducing a new feature designed to remove abusive language, threats and duplicate messages from a user's timeline. The feature is called "quality filter" and will also remove messages sent from suspicious accounts, according to a report in The Verge.

Twitter also recently began testing video ads that will automatically and silently play in its iOS apps, similar to a move by Facebook (FB) - Get Report with its mobile apps.

Netflix jumped 3.1% to end the session at $438.28.

The streaming video entertainment company received a tremendous boost from Barclays, which increased its price target to $450 from $400. The investment bank cited expectations that Netflix will increase its pricing, in citing the reason for hiking up its price target.

Despite the price target increase, Barclays also noted it believes Netflix's revenue and/or, its profit margin growth will be "slower than some expect" as the company aggressively expands into new markets.

Google rose 2% to close at $570.19.

The Internet search giant rose after announcing it had hired former Morgan Stanley CFO Ruth Porat to assume a similar position at Google. She will leave Morgan Stanley on April 30 and begin her new post at Google on May 26, according to a report in the Associated Press.

Porat, who joined Morgan Stanley in 1987, has served as CFO at the investment bank for the past five years. She will be replacing Patrick Pichette, who recently announced plans to retire after serving approximately seven years as Google's CFO.

This article is commentary by an independent contributor. At the time of publication, the author held no positions in the stocks mentioned.