Twilio (TWLO) PT Raised to $118 at Rosenblatt
Rosenblatt analyst Ryan Koontz raised the price target on Twilio (NYSE: TWLO) to $118.00 (from $90.00) while maintaining a Buy rating.
Koontz notes a strong beat and guide that was tempered by the SendGrid integration. The analyst notes a sound long-term strategy to dominate customer engagement.