Twitter shares hit 6-yr-high after JPMorgan upgrades its rating
Shares of Twitter soared as much as 6% on Wednesday to record a six-year-high of $56.11 since October 2014 after JPMorgan upgraded its rating to "Overweight" from "Neutral". "We believe Twitter will show the biggest rebound [in online advertising] given its sharper pandemic-driven ad decline," JPMorgan said. Twitter shares are up more than 70% in 2020.