Toyota Connected Leverages Twilio to Build A Faster and More Responsive 'Drivelink' Experience
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Twilio (TWLO) Falls After BofA Double Downgrade
November 2, 2022 11:16 AM EDTTwilio (NYSE: TWLO) was double downgraded to Underperform from Buy at BofA on Wednesday, with the firm also slashing its price target on the stock to $85 from $175.
Twilio shares are down over 6% at the time of writing.
BofA analyst Michael Funk told investors in a note that the downgrade is based on three reasons, including its recent DevSecOps survey, which showed that 52% of respondents expect to spend... More
