Skip to main content
The Markets by Proactive
Go to Proactive UK

Online business & e-commerce

Broker snapshot, including Twitter, BHP Billiton, ASOS and Dollar General

Some broker ratings today, including Twitter and Dollar General

Social media titan Twitter (NYSE:TWTR) was sent a downgrade by broker Morgan Stanley today, which pushed the target price on the shares down to US$24 from the US$36.

The shares currently stand at around US$29.59.

The heavyweight broker's rating on the stock was also moved to 'underweight' from 'equalweight'.

Also on the downgrade front, mining titan BHP Billiton (NYSE:BBL) was pushed down to 'neutral' from 'buy' by US broker Citigroup.

Elsewhere, JP Morgan applied the brakes to motorcycle specialist Harley Davidson (NYSE:HOG), downgrading it to 'neutral' from 'overweight'.

On the upgrade front, Canadian Oil Sands (TSE:COS) was lifted to 'equalweight from 'underweight' by analysts at Barclays bank, and the target price punted up to US$10 from US$6.

ASOS (NYSE:ASOMF), the online fashion retailer, was lifted to 'hold' from 'sell' by Investec.

BofA Merrill Lynch had a look at household ratailer Dollar General (NYSE: DG) today, lifting it to 'neutral' from 'underperform'.