Goldman Sachs Maintains Neutral on Twilio, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Kash Rangan maintains a Neutral rating on Twilio (TWLO) and raises the price target from $69 to $70.

March 06, 2024 | 10:29 am
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Goldman Sachs maintains a Neutral rating on Twilio and raises the price target from $69 to $70.
The increase in price target by Goldman Sachs, a major financial institution, suggests a positive outlook on Twilio's stock value in the short term. Although the rating remains Neutral, the adjustment in price target can be seen as a sign of confidence in the company's performance, potentially leading to increased investor interest and a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100