Piper Sandler Upgrades Twilio (TWLO) to Overweight, 'FCF, Catalysts, Improving Inputs, & Favorable Risk-Reward'

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Piper Sandler bullish on Twilio (TWLO) ahead of catalysts

January 12, 2024 8:32 AM EST

Piper Sandler upgraded Twilio, Inc. (NYSE: TWLO) to an Overweight rating (From Neutral) and raised their 12-month price target on the communications technology stock to $82.00 (From $75.00) following six months of falling estimates.

Piper Sandler's updated view highlights Twilio's better profitability and potential for... More