Needham raised the firm’s price target on Twilio (TWLO) to $250 from $200 and keeps a Buy rating on the shares after attending the company’s customer conference last week where it launched a number of new products. The firm notes that its conversations with customers and partners were bullish as expected, and it remain s impressed with innovations in the voice ecosystem, particularly with Deepgram and ElevenLabs, the analyst tells investors in a research note.
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