Needham Reiterates Buy on Twilio, Maintains $75 Price Target
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Ryan Koontz has reiterated a 'Buy' rating on Twilio (NYSE:TWLO) and maintained a price target of $75.
August 25, 2023 | 10:44 am
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Twilio's stock rating has been reiterated as 'Buy' by Needham analyst Ryan Koontz, with a maintained price target of $75.
The reiteration of a 'Buy' rating by a reputable analyst like Ryan Koontz from Needham is a positive signal for investors. The maintained price target of $75 indicates that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100