(Image source: mashable.com) Ahead of its initial public offering, Twitter has raised its IPO price target range. The new price target range is from $23 to $25 a share. The previous range was from $17 to $20 a share. Obviously, Twitter is feeling optimistic ahead of the Thursday debut. The new price target would raise about $1.75 billion and increase market cap slightly over 13 billion. Morningstar already believes that shares would be trading around $26 per share range. I guess the frenzy has just begun.