Wells Fargo analyst Michael Turrin maintained a Hold rating on Twilio (TWLO – Research Report) yesterday and set a price target of $60.00. The company’s shares closed yesterday at $61.57.
According to TipRanks, Turrin is an analyst with an average return of -3.8% and a 47.73% success rate. Turrin covers the Technology sector, focusing on stocks such as Microsoft, HubSpot, and DocuSign.
Currently, the analyst consensus on Twilio is a Moderate Buy with an average price target of $70.45.
TWLO market cap is currently $11.21B and has a P/E ratio of -11.13.
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Twilio (TWLO) Company Description:
Founded in 2008, California-based Twilio, Inc. provides a cloud communications platform that allows software developers to programmatically make and receive phone calls, send and receive text messages, and perform other communication functions using its web service APIs (Application Programming Interfaces).
