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.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TWLO:
- Twilio price target raised to $150 from $135 at UBS
- Twilio price target raised to $110 from $100 at BofA
- 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