Goldman Sachs Maintains Neutral on Twilio, Raises Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Kash Rangan has maintained a Neutral rating on Twilio (NYSE:TWLO) and increased the price target from $63 to $72.
January 09, 2024 | 1:30 pm
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POSITIVE IMPACT
Goldman Sachs maintains a Neutral rating on Twilio but raises the price target from $63 to $72, indicating a positive outlook on the stock's value.
The increase in price target by a reputable analyst like Goldman Sachs suggests a more optimistic valuation of Twilio's stock, which could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100