Mizuho raised the firm’s price target on Twilio (TWLO) to $150 from $140 and keeps an Outperform rating on the shares post the Q3 report. The company reported “strong beat-and-raise quarter,” the analyst tells investors in a research note. Mizuho has more confidence in the durability of Twilio’s double-digit growth, saying momentum continues to build across its key growth levers.
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Read More on TWLO:
- Twilio price target raised to $150 from $135 at UBS
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- Twilio price target raised to $145 from $144 at Piper Sandler
- Twilio price target raised to $147 from $130 at Wells Fargo
- Twilio’s Strong Q3 Performance and Growth Prospects Lead to Buy Rating and Increased Price Target