Twilio Inc (NYSE:TWLO) was upgraded by research analysts at Vetr from a “sell” rating to a “hold” rating in a report released on Tuesday. The brokerage currently has a $59.63 price objective on the stock. Vetr‘s price objective indicates a potential downside of 2.15% from the stock’s current price.

Other research analysts have also issued research reports about the company. Canaccord Genuity started coverage on Twilio in a research note on Monday, July 18th. They set a “hold” rating and a $40.00 price target on the stock. Argus started coverage on Twilio in a research note on Thursday, August 25th. They set a “hold” rating on the stock. JMP Securities started coverage on Twilio in a research note on Monday, July 18th. They set a “mkt perform” rating on the stock. JPMorgan Chase & Co. started coverage on Twilio in a research note on Monday, July 18th. They set a “neutral” rating and a $43.00 price target on the stock. They noted that the move was a valuation call. Finally, Goldman Sachs Group Inc. started coverage on Twilio in a research note on Monday, July 18th. They set a “neutral” rating and a $33.00 price target on the stock. Five equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $43.91.

Twilio (NYSE:TWLO) traded down 6.27% on Tuesday, hitting $60.94. The stock had a trading volume of 4,149,408 shares. The company’s 50-day moving average is $58.41 and its 200-day moving average is $48.71. Twilio has a one year low of $23.66 and a one year high of $70.96. The stock’s market cap is $5.15 billion.

5 Day Chart for NYSE:TWLO

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