Twilio to Acquire SendGrid, the Leading Email API Platform

Go back to Twilio to Acquire SendGrid, the Leading Email API Platform

Piper Jaffray Remains Bullish on Twilio (TWLO) Following Announced SEND Acquisition

October 16, 2018 7:17 AM EDT

Piper Jaffray analyst, Alex Zukin, reiterated an Overweight rating and $85.00 price target on Twilio (NYSE: TWLO) following the company's announcement that it would be acquiring SendGrid for ~$2 billion in an allstock deal, or $36.92/share. Zukin believes that the deal makes a tremendous amount of... More