UBS raised the firm’s price target on Twilio (TWLO) to $150 from $135 and keeps a Buy rating on the shares. Twilio had a “clean” earnings print, with 13% year over year organic revenue growth and 43,000 net new active customer additions, its best ever, the analyst tells investors in a research note. Management’s tone and messaging sets the stage for sustained low-teens organic growth in Q4, the firm says.
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Read More on TWLO:
- Twilio price target raised to $110 from $100 at BofA
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