Twilio (TWLO) PT Raised to $225 at Northland Capital Markets on Unique Market Positioning
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Rating Summary:
34 Buy, 10 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 20 | Down: 36 | New: 6
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Northland Capital Markets analyst Michael Latimore raised the price target on Twilio (NYSE: TWLO) to $225.00 (from $170.00) while maintaining a Outperform rating.
The analyst comments "Increasing target to $225 from $170 given multiple expansion and Twilio's unique market position. TWLO was one of our top 2020 stock picks. We recently held a call with TWLO's CFO. He noted Twilio is cautiously optimistic about the overall environment, and especially given activity in the verticals healthcare, education, philanthropy and ecommerce."
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