UBS raised the firm’s price target on Twilio (TWLO) to $200 from $180 and keeps a Buy rating on the shares. Twilio delivered a meaningful organic revenue beat with accelerating 16% growth driven by broad-based strength across its communications platform, with possible AI-related tailwinds supporting usage expansion and reinforcing stronger near-term demand for usage-based models, the analyst tells investors in a research note.
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Read More on TWLO:
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