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Barclays Sees 37% Upside In Twilio

Benzinga2021-12-09

Barclays analyst Ryan MacWilliams upgraded Twilio Inc to Overweight from Equal Weight with an unchanged price target of $375, implying 36.5% upside.

The analyst likes the stock setup in fiscal 2022 "on easier compares."

Twilio shares have approached a "more reasonable" valuation versus faster-growth peers since the Q3 earnings report, and investor concerns on its Q4 are "overly represented in shares," MacWilliams tells investors in a research note.

He continues to view recent deceleration in organic growth as a product of challenging compares rather than an indication of market health.

Twilio is a communications platform-as-a-service company that allows software developers to integrate messaging and communications functionality into existing or new applications via application programming interfaces and software development kits.

Twilio shares jumped 3% in premarket trading.

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  • wywy
    ·2021-12-09
    are your sure? by when?
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  • Footixx
    ·2021-12-09
    👍
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  • ValuInvestor
    ·2021-12-09
    Still a little too high for comfort.  When high inflation hits, stocks like these will dive.  Little margin for safety
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    • LimYH
      you got point
      2021-12-09
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  • ivy888
    ·2021-12-09
    Like
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  • DragonKing
    ·2021-12-09
    Yeah
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    • ivy888
      ok
      2021-12-09
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