Twitter (TWTR, $34.32) price target hiked to $41 by Guggenheim analyst

Guggenheim analyst Michael Morris bumped up his price target on Twitter shares. He re-iterated his “buy” rating on the social networking company’s stock.

Morris raised his price target on Twitter to $41 from $33, citing improved user engagement on the platform - something that he attributes to positive changes in management. Additionally, he views the presidential election cycle as a potential tailwind for the company to garner user engagement and advertising revenue.

The analyst also raised his rating on Facebook stock to "buy" from "neutral", and increased his price target to $200 from $17 on the same. According to him, Facebook investors will “continue to gain comfort” with the additional financial risk springing from content and privacy concerns.

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Sergey Savastiouk|Expert

Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.