Twilio shares are trading higher after Goldman Sachs maintained a Neutral rating on the stock and raised its price target from $67 to $77. Also, Baird maintained a Neutral rating on the stock and raised its price target from $65 to $80.
Portfolio Pulse from Benzinga Newsdesk
Twilio shares are trading higher following Goldman Sachs and Baird maintaining Neutral ratings but raising their price targets to $77 and $80, respectively.
November 01, 2024 | 3:02 pm
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POSITIVE IMPACT
Twilio shares are trading higher after Goldman Sachs and Baird raised their price targets to $77 and $80, respectively, while maintaining Neutral ratings.
The increase in price targets by two major financial institutions suggests a positive outlook on Twilio's future performance, likely boosting investor confidence and driving the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100