Wells Fargo Maintains Equal-Weight on Twilio, Raises Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Turrin maintains an Equal-Weight rating on Twilio (NYSE:TWLO) and raises the price target from $65 to $75.
October 25, 2024 | 1:16 pm
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Wells Fargo has maintained its Equal-Weight rating on Twilio and increased the price target from $65 to $75, indicating a positive outlook.
The increase in price target from $65 to $75 by Wells Fargo suggests a positive outlook for Twilio, which could lead to a short-term increase in stock price. The maintained Equal-Weight rating indicates a balanced view, but the raised target is a positive signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100