Vetr Inc. Downgrades Twilio Inc (TWLO) to Strong Sell
Twilio Inc (NYSE:TWLO) was downgraded by analysts at Vetr from a “sell” rating to a “strong sell” rating in a research note issued to investors on Monday. They currently have a $50.50 target price on the stock. Vetr‘s price objective would indicate a potential downside of 11.03% from the company’s current price.
TWLO has been the subject of several other reports. Argus started coverage on Twilio in a report on Thursday, August 25th. They set a “hold” rating for the company. Canaccord Genuity started coverage on Twilio in a report on Monday, July 18th. They set a “hold” rating and a $40.00 price target for the company. Pacific Crest started coverage on Twilio in a report on Monday, July 18th. They issued a “sector weight” rating for the company. William Blair started coverage on Twilio in a report on Monday, July 18th. They issued an “outperform” rating for the company. Finally, JPMorgan Chase & Co. started coverage on Twilio in a report on Monday, July 18th. They issued a “neutral” rating and a $43.00 price objective for the company. They noted that the move was a valuation call. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $41.63.
Shares of Twilio (NYSE:TWLO) opened at 56.76 on Monday. The company’s market capitalization is $4.80 billion. Twilio has a 12 month low of $23.66 and a 12 month high of $66.40. The stock’s 50 day moving average price is $52.61 and its 200 day moving average price is $46.07.
Twilio Company Profile
To view Vetr’s full report, visit Vetr’s official website.
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