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Twitter; Risk Appetites: Doug Kass' Views

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Here are Doug Kass' top thoughts on some of the biggest stories of the week.

Twitter Range Hiked Again

Thursday, I raised my expected trading range for Twitter ( TWTR - Get Report) over the next three to six months from $15-$20 to $17-$22.50.

Given the remarkable strength in technology -- which has increased the possibility and enriched the possible price of Twitter in a potential acquisition -- I am further increasing the projected trading range from $17 -$22.50 to $18.50-$25.00.

Twitter was placed on my Best Ideas List at $15.75 in March 2017.