Twilio (TWLO) PT Raised to $163 at DA Davidson
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Price: $209.31 +0.01%
Rating Summary:
33 Buy, 11 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 2
Rating Summary:
33 Buy, 11 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 2
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DA Davidson analyst Rishi Jaluria raised the price target on Twilio (NYSE: TWLO) to $163.00 (from $118.00) while maintaining a Buy rating.
Jaluria commented, "TWLO reported a strong beat-and-raise 1Q19, with improved gross margins and a 146% net expansion rate, leading shares up 3% AMC. More importantly, TWLO gave investors confidence around SendGrid and Flex, with good early interest and adoption for both growth drivers."
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