Wells Fargo Maintains Equal-Weight on Twilio, Raises Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Turrin maintains an Equal-Weight rating on Twilio and raises the price target from $75 to $80.
November 01, 2024 | 6:33 pm
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Wells Fargo has maintained its Equal-Weight rating on Twilio, while increasing the price target from $75 to $80, indicating a slightly more positive outlook.
The increase in price target from $75 to $80 by Wells Fargo suggests a slightly more optimistic view on Twilio's stock performance. Maintaining the Equal-Weight rating indicates that the analyst sees the stock performing in line with the market. This could lead to a modest positive impact on Twilio's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100