Twilio Inc. (TWLO) Stock Rating Upgraded by Vetr Inc.
Twilio Inc. (NYSE:TWLO) was upgraded by equities researchers at Vetr from a “hold” rating to a “buy” rating in a report issued on Monday. The firm presently has a $65.73 price target on the stock. Vetr‘s target price would indicate a potential upside of 8.50% from the stock’s previous close.
Several other research firms have also weighed in on TWLO. William Blair initiated coverage on Twilio in a research note on Monday, July 18th. They issued an “outperform” rating on the stock. Goldman Sachs Group Inc. initiated coverage on Twilio in a research note on Monday, July 18th. They issued a “neutral” rating and a $33.00 price objective on the stock. Pacific Crest initiated coverage on Twilio in a research note on Monday, July 18th. They issued a “sector weight” rating on the stock. JPMorgan Chase & Co. initiated coverage on Twilio in a research note on Monday, July 18th. They issued a “neutral” rating and a $43.00 price objective on the stock. They noted that the move was a valuation call. Finally, Argus initiated coverage on Twilio in a research note on Thursday, August 25th. They issued a “hold” rating on the stock. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $45.43.
Twilio (NYSE:TWLO) opened at 60.58 on Monday. The firm’s market capitalization is $5.12 billion. The company has a 50-day moving average price of $58.70 and a 200-day moving average price of $49.20. Twilio has a one year low of $23.66 and a one year high of $70.96.
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To view Vetr’s full report, visit Vetr’s official website.
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