Twilio Inc. (TWLO) Upgraded to Buy at Canaccord Genuity

Canaccord Genuity upgraded shares of Twilio Inc. (NYSE:TWLO) from a hold rating to a buy rating in a research report report published on Tuesday. Canaccord Genuity currently has $35.00 price objective on the stock.

Other equities analysts have also issued research reports about the company. Vetr raised Twilio from a hold rating to a buy rating and set a $65.73 target price for the company in a research report on Monday, October 10th. Pacific Crest raised shares of Twilio from a sector weight rating to an overweight rating in a research report on Thursday, January 5th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock has a consensus rating of Buy and an average price target of $44.18.

Analyst Recommendations for Twilio (NYSE:TWLO)

Shares of Twilio (NYSE:TWLO) traded down 0.5516% during midday trading on Tuesday, reaching $27.6367. 1,922,333 shares of the company were exchanged. The company has a 50 day moving average price of $30.81 and a 200-day moving average price of $42.72. Twilio has a 12-month low of $23.66 and a 12-month high of $70.96. The stock’s market capitalization is $2.41 billion.

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Twilio Company Profile

Twilio Inc offers Cloud Communications Platforms. The Company enables developers to build, scale and operate real-time communications within software applications. It Programmable Communications Cloud software enables developers to embed voice, messaging, video and authentication capabilities into their applications via its Application Programming Interfaces.

5 Day Chart for NYSE:TWLO

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