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Even after a 20% surge on Friday, Goldman Sachs thinks Twilio shares have further room to run. The firm raised its rating on shares to buy from neutral. In addition, analyst Kash Rangan increased his price target to $185 per share from $77, indicating shares could climb an additional 35.8% from Friday’s close. TWLO YTD…
Twilio CEO Khozema Shipchandler speaks at Twilio’s Signal event in Sao Paulo on Aug. 14, 2024. Courtesy: Twilio Twilio shares soared more than 20% on Friday and headed for their biggest gain since the early days of the Covid pandemic after the cloud communications software vendor issued an uplifting profit forecast for the coming years. The…