Market Overview

Why Twilio's Stock Is Trading Higher Today


Twilio (NYSE: TWLO) shares are trading higher on Wednesday.

JMP Securities maintained its Market Outperform rating on the stock and raised its price target from $160 to $200.

Twilio is a cPaaS company that allows software developers to integrate messaging and communications functionality into existing or new applications. The firm's programmable communications cloud addresses several use-cases, including programmable voice to make and receive phone calls.

Twilio's stock traded up 3.23% to $189.15 per share at time of publication on Wednesday. The stock has a 52-week high of $197.15 and a 52-week low of $68.06.

Latest Ratings for TWLO

Nov 2020OppenheimerMaintainsOutperform
Oct 2020Canaccord GenuityMaintainsBuy
Oct 2020MizuhoMaintainsBuy

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AYLANoble Capital MarketsInitiates Coverage On29.0
SHOPSusquehannaInitiates Coverage On950.0
SICraig-HallumInitiates Coverage On50.0
WORKStephens & Co.Downgrades
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