Twilio Inc. (TWLO) Upgraded to Buy at Vetr Inc.
Twilio Inc. (NYSE:TWLO) was upgraded by equities researchers at Vetr from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Monday. The firm currently has a $65.73 price objective on the stock. Vetr‘s price objective suggests a potential upside of 26.36% from the stock’s current price.
TWLO has been the subject of several other reports. Argus initiated coverage on Twilio in a research report on Thursday, August 25th. They set a “hold” rating for the company. Canaccord Genuity initiated coverage on Twilio in a research report on Monday, July 18th. They set a “hold” rating and a $40.00 price objective for the company. Pacific Crest assumed coverage on Twilio in a research report on Monday, July 18th. They set a “sector weight” rating for the company. William Blair assumed coverage on Twilio in a research report on Monday, July 18th. They issued an “outperform” rating for the company. Finally, JPMorgan Chase & Co. assumed coverage on Twilio in a research report on Monday, July 18th. They issued a “neutral” rating and a $43.00 target price for the company. They noted that the move was a valuation call. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $45.43.
Twilio (NYSE:TWLO) traded down 14.13% during midday trading on Monday, hitting $52.02. The company had a trading volume of 8,667,866 shares. The stock has a 50 day moving average of $58.61 and a 200 day moving average of $49.24. Twilio has a 52-week low of $23.66 and a 52-week high of $70.96. The firm’s market cap is $4.40 billion.
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To view Vetr’s full report, visit Vetr’s official website.
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