Needham Maintains Buy on Twilio, Raises Price Target to $75
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Ryan Koontz maintains a Buy rating on Twilio (NYSE:TWLO) and raises the price target from $65 to $75.
August 09, 2023 | 10:53 am
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POSITIVE IMPACT
Twilio's price target has been raised from $65 to $75 by Needham, maintaining a Buy rating.
The raised price target indicates that the analyst sees potential for the stock's price to increase. This could lead to increased investor interest and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100