TD Cowen Maintains Hold on Twilio, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst J. Derrick Wood maintains a Hold rating on Twilio (NYSE:TWLO) and raises the price target from $70 to $85.
October 31, 2024 | 5:59 pm
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TD Cowen analyst J. Derrick Wood maintains a Hold rating on Twilio and raises the price target from $70 to $85.
The increase in price target from $70 to $85 suggests a positive outlook on Twilio's future performance, which could lead to a short-term increase in stock price. However, the Hold rating indicates a neutral stance, balancing the impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100