Wells Fargo Maintains Equal-Weight on Twilio, Raises Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Turrin has maintained an Equal-Weight rating on Twilio (NYSE:TWLO) and raised the price target from $60 to $65.
August 09, 2023 | 3:39 pm
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Twilio's price target has been raised from $60 to $65 by Wells Fargo, maintaining an Equal-Weight rating.
The increase in price target indicates that the analyst sees potential for the stock's price to rise in the short term. The maintained Equal-Weight rating suggests that the stock is expected to perform in line with the sector or the market, which could be positive if the market conditions are favorable.
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