Oppenheimer analyst Ittai Kidron maintained a Buy rating on Twilio Inc (TWLO) today and set a price target of $145.00. The company’s shares closed last Monday at $113.22.
According to TipRanks.com, Kidron is a top 25 analyst with an average return of 29.8% and a 69.4% success rate. Kidron covers the Technology sector, focusing on stocks such as Cambium Networks Corporation, Smartsheet Inc, and New Relic Inc.
Currently, the analyst consensus on Twilio Inc is a Strong Buy with an average price target of $152.10, implying a 35.0% upside from current levels. In a report issued on September 30, Merrill Lynch also maintained a Buy rating on the stock with a $160.00 price target.
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The company has a one-year high of $151.00 and a one-year low of $62.43. Currently, Twilio Inc has an average volume of 3.74M.
Based on the recent corporate insider activity of 118 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TWLO in relation to earlier this year.
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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.
