Barclays Maintains Equal-Weight on Twilio, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Ryan Macwilliams has maintained an Equal-Weight rating on Twilio (NYSE:TWLO) and increased the price target from $60 to $70.
January 24, 2024 | 9:23 pm
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Barclays has maintained an Equal-Weight rating on Twilio and raised the price target from $60 to $70, indicating a positive outlook on the stock.
The increase in price target by Barclays reflects a positive sentiment towards Twilio's stock, suggesting that the analyst sees potential for growth. This could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100