In a report released on April 24, Rishi Jaluria from RBC Capital maintained a Sell rating on Twilio (TWLO – Research Report), with a price target of $50.00. The company’s shares closed yesterday at $60.89.
According to TipRanks, Jaluria is a 4-star analyst with an average return of 3.4% and a 51.33% success rate. Jaluria covers the Technology sector, focusing on stocks such as Palantir Technologies, Pegasystems, and Salesforce.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Twilio with a $70.45 average price target.
The company has a one-year high of $78.16 and a one-year low of $45.02. Currently, Twilio has an average volume of 3.5M.
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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).
