Piper Sandler raised the firm’s price target on Twilio (TWLO) to $121 from $106 and keeps an Overweight rating on the shares. The firm notes shares were up nearly 10% after-hours as Twilio’s Q1 results came in above buyside’s expectations, which showed further acceleration that was complemented by free cash flow leverage and a slightly better Q2 guide.
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Read More on TWLO:
- Twilio price target raised to $90 from $80 at BofA
- Twilio’s Mixed Signals: Growth Acceleration and Challenges Justify Hold Rating
- Twilio price target raised to $122 from $108 at Jefferies
- Twilio’s Strong Performance and Strategic Positioning Justify Buy Rating
- Twilio Inc. Reports Strong Q1 2025 Results