In a report released today, Brian White from Monness maintained a Buy rating on Twilio Inc (TWLO), with a price target of $175. The company’s shares closed on Friday at $145.62, close to its 52-week high of $151.
According to TipRanks.com, White is a top 25 analyst with an average return of 27.4% and a 75.6% success rate. White covers the Technology sector, focusing on stocks such as Spotify Technology SA, Salesforce.com, and Alphabet Inc.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Twilio Inc with a $154.33 average price target, representing a 6.0% upside. In a report issued on July 10, Oppenheimer also maintained a Buy rating on the stock with a $160 price target.
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The company has a one-year high of $151 and a one-year low of $55.58. Currently, Twilio Inc has an average volume of 4.11M.
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Twilio, Inc. engages in the development of communications software, cloud-based platform, and services. Its platform consists of the following layers: engagement cloud, programmable communications cloud, and super network.
