Twilio (TWLO) Tops Q1 EPS by 4c, Offers Q2 and FY Guidance

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Twilio (TWLO) PT Raised to $163 at DA Davidson

May 1, 2019 8:39 AM EDT

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,... More