Argus Starts Twilio (TWLO) at Hold

August 25, 2016 7:53 AM EDT
Get Alerts TWLO Hot Sheet
Price: $30.84 +1.51%

Rating Summary:
    2 Buy, 7 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 28 | Down: 20 | New: 17
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Argus initiates coverage on Twilio (NYSE: TWLO) with a Hold rating.

The analyst cited the stock’s relatively high valuation, the strong run-up since the June IPO, and prospects for continued losses in the near term, for the Hold rating.

For an analyst ratings summary and ratings history on Twilio click here. For more ratings news on Twilio click here.

Shares of Twilio closed at $53.60 yesterday.

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