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Twilio initiated with an Overweight at KeyBanc

KeyBanc initiated coverage of Twilio (TWLO) with an Overweight rating and $146 price target as part of a broader research note launch coverage of select Enterprise Software names. The positive momentum seen recently in Twilio has some legs, particularly in focusing on the core offerings and given some “blocking and tackling” on its go-to-market strategy, the analyst tells investors in a research note.

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