Twilio's Price Target Increased to $144 Amid Strong Q2 and Voice AI Demand

Reported about 12 hours ago

On August 8, Piper Sandler analyst James Fish raised Twilio Inc.'s (NYSE: TWLO) price target to $144 from $140 after the company's strong Q2 results showcased robust demand for services like Messaging and Voice AI. Despite some issues impacting share performance, such as lower gross profit margins and anticipated FCF reduction, Twilio's core business remains profitable, prompting a buy recommendation for investors interested in digital communications and Voice AI.

Source: YAHOO

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