Robert W. Baird analyst William Power maintained a Buy rating on Twilio (TWLO – Research Report) on May 14 and set a price target of $130.00.
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William Power’s rating is based on Twilio’s strategic advancements in conversational AI and its promising partnership with Microsoft. The company’s ConversationRelay product and its integration with Segment are seen as significant strengths, positioning Twilio to effectively support organizations with AI-driven voice and chat solutions. This integration is already showing early success, which adds to the company’s appeal.
Additionally, Twilio’s efforts to modernize its platform, including enhancements to its Customer Engagement Data & AI Platform, are noteworthy. The general availability of ConversationRelay and Customer Intelligence tools highlights Twilio’s commitment to innovation. These developments, coupled with a favorable valuation target based on future cash flow and revenue projections, underpin William Power’s Buy rating for Twilio, despite the inherent risks associated with competition and market trends.
In another report released yesterday, Scotiabank also maintained a Buy rating on the stock with a $135.00 price target.