Oppenheimer Maintains Outperform on Twilio, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Ittai Kidron has maintained an 'Outperform' rating on Twilio (NYSE:TWLO) and raised the price target from $65 to $85.
October 22, 2024 | 4:30 pm
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Oppenheimer has increased its price target for Twilio from $65 to $85, maintaining an 'Outperform' rating. This suggests a positive outlook on Twilio's stock performance.
The increase in price target from $65 to $85 by Oppenheimer indicates a strong positive sentiment towards Twilio's future performance. The 'Outperform' rating suggests that the analyst expects Twilio to perform better than the market average, which is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100