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Twitter  (TWTR) – Get Report is well positioned to “benefit from a big event landscape in 2021,” according to a Deutsche Bank analyst, who upgraded the microblogging platform to buy from hold.

Shares of the San Francisco company at last check were climbing 4.2% to $47.85.

Analyst Lloyd Walmsley set a share price target of $56, up from $36.

“Twitter is well positioned to benefit from a big event landscape in 2021, expansion into more performance advertising on the back of its ad server rebuild and new [mobile application promotion] product, and an eventual high-margin subscription product,” the analyst said in a note to clients.

Twitter user growth has benefited from the coronavirus pandemic, Walmsley said. But its focus on brand advertising – the weakest segment of the ad market – has resulted in poor revenue performance, holding back the shares from an otherwise good story in 2021. 

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Three-quarters of respondents didn’t know what internet speeds would be adequate for their household and the overwhelming majority have yet to upgrade their service.

remote work

Image: iStock/GaudiLab

To mitigate the spread of COVID-19, companies around the globe adopted remote work policies in recent months. At the same time, many schools and universities are conducting classes virtually to ensure the safety of students and staff this fall. Needless to say, this en masse shift to distanced learning and telecommuting has increased the need for high-speed internet for millions. A new survey analyzes consumers’ sentiment regarding their current internet capabilities, bandwidth needs, provider pricing expectations, and more.

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On Monday, HighSpeedInternet.com, a site to explore and compare internet providers,  released a report detailing the results of a recent anonymous US survey involving 1,000 people. Overall, three-quarters of those surveyed

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