Twitter gets ‘buy’ rating even before listing

The Twitter logo is shown at the company's headquarters in San FranciscoBy Chandni Doulatramani (Reuters) – Twitter Inc's share price could almost double in its first year as a listed company, a brokerage firm said, issuing a "buy" rating on the stock even before the online messaging service goes public. SunTrust Robinson Humphrey analyst Robert Peck, the first to rate the stock, suggested Twitter could float at $ 28-$ 30 per share, and said it could reach $ 50 within a year. …

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