Scotiabank analyst Nick Altmann raised the firm’s price target on Twilio (TWLO) to $135 from $130 and keeps an Outperform rating on the shares. The company posted its third consecutive quarter of revenue growth, so the firm is “comfortable” reaffirming the stock as one of its top picks, the analyst tells investors.
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Read More on TWLO:
- Twilio price target raised to $121 from $106 at Piper Sandler
- 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