Wells Fargo Maintains Equal-Weight on Twilio, Lowers Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Turrin has maintained an Equal-Weight rating on Twilio (NYSE:TWLO) and reduced the price target from $70 to $60.
March 06, 2024 | 12:09 pm
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NEGATIVE IMPACT
Wells Fargo has maintained an Equal-Weight rating on Twilio and lowered the price target from $70 to $60.
The reduction in price target by a reputable analyst like Michael Turrin could lead to a negative short-term sentiment among investors, potentially causing a decrease in Twilio's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100