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Twilio price target raised to $230 from $210 at Rosenblatt

Rosenblatt analyst Catharine Trebnick raised the firm’s price target on Twilio (TWLO) to $230 from $210 and keeps a Buy rating on the shares after having attended Twilio’s SIGNAL conference in San Francisco and coming away “incrementally more positive on the story.” The unified platform driving simpler multi-product adoption is “key to our investment thesis,” the analyst tells investors.

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