Morgan Stanley Maintains Overweight on Twilio, Raises Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Meta Marshall has maintained an Overweight rating on Twilio (NYSE:TWLO) and raised the price target from $65 to $75.
July 19, 2023 | 4:05 pm
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Twilio's price target has been raised from $65 to $75 by Morgan Stanley, which maintains an Overweight rating on the stock.
The raised price target indicates that Morgan Stanley sees potential for Twilio's stock price to increase. The Overweight rating suggests that they believe the stock will outperform the market in the future. This could lead to increased investor interest and a potential rise in the stock price in the short term.
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