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Twilio price target raised to $147 from $130 at Wells Fargo

Wells Fargo raised the firm’s price target on Twilio (TWLO) to $147 from $130 and keeps an Overweight rating on the shares. The firm believes investors post Twilio’s Q3 results are likely to continue to own and add here given its steadier GP trajectory, reasonable valuation, and as a name with better AI sentiment.

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