After Northland Securities and D.A. Davidson gave Twilio Inc (NYSE: TWLO) a Buy rating last month, the company received another Buy, this time from Monness. Analyst Brian White maintained a Buy rating on Twilio Inc today and set a price target of $108. The company’s shares closed on Friday at $75.
According to TipRanks.com, White is a top 100 analyst with an average return of 17.1% and a 64.1% success rate. White covers the Technology sector, focusing on stocks such as Salesforce.com, Alphabet Inc, and Cloudera Inc.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Twilio Inc with a $88.64 average price target, which is a 18.2% upside from current levels. In a report issued on October 2, D.A. Davidson also initiated coverage with a Buy rating on the stock with a $99 price target.
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The company has a one-year high of $88.88 and a one-year low of $23.25. Currently, Twilio Inc has an average volume of 2.43M.
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Twilio, Inc. engages in the provision of communications software, cloud-based platform and services. Its developer-first platform approach consists of programmable communications cloud, super network, and business model for innovators.