KeyBanc raised the firm’s price target on Twilio (TWLO) to $200 from $156 and keeps an Overweight rating on the shares following one of the best quarters the company has seen in a number of years. Messaging and Voice, among multi-product demand, were the products and ISVs and self-serve were the channels that really led the upside, which are exactly the type of strength the firm would want to see.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TWLO: