Cowen raises Twilio stock price target to $120, maintains hold By Investing.com
On Friday, TD Cowen’s analyst Derrick Wood adjusted the price target for Twilio (NYSE:) shares, increasing it to $120 from the previous $85, while keeping a Hold rating on the stock. According to InvestingPro data, Twilio’s stock is currently trading at $112.48, with analyst targets ranging from $50 to $155, reflecting diverse market opinions. Notably, 24 analysts have recently revised their earnings expectations upward for the upcoming period.
Wood anticipates significant updates from the company’s upcoming Analyst Day on January 23, including insights into operational structure, go-to-market (GTM) strategy, and product innovation. The Analyst Day is expected to provide a detailed guide for fiscal year 2025 and medium-term…
