Investors should buy Twitter ahead of earnings, Evercore ISI says

Twitter CEO and Co Founder, Jack Dorsey addresses students at the Indian Institute of Technology (IIT), on November 12, 2018 in New Delhi, India.
Amal KS | Hindustan Times | Getty Images

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Twitter is poised to report surprising user growth this week, and investors should buy in ahead of its quarterly report, Evercore ISI said in a new note. 

The firm raised its price target and added a tactical outperform rating on the stock, saying investors should bet on a post-earnings bump. The social media company is scheduled to report its second-quarter results before the opening bell on Thursday.