Wells Fargo Sticks To Its Buy Rating For Twilio Inc By Investing.com
Wells fargo (NYSE 🙂 Analyst Michael Turrin maintained a buy rating on Twilio (NYSE 🙂 Inc on Thursday, setting a price target of $ 525, or about 46.57% above the current share price. of $ 358.19.
Turrin expects Twilio Inc to post earnings per share (EPS) of $ -1.31 for the fourth quarter of 2021.
The current consensus between 18 TipRanks Analysts are for a strong buy rating of shares in Twilio, with an average price target of $ 464.69.
Analysts’ price targets range from a high of $ 550 to a low of $ 375.
In its latest earnings report, released on 6/30/2021, the company reported quarterly revenue of $ 668.93 million and net profit of $ -202.27 million. The company’s market capitalization is $ 63.45 billion.
According to TipRanks.com, Michael Turrin, Analyst at Wells Fargo is currently rated with 4 stars on a 0 to 5 star rating scale, with an average performance of 15.8% and a success rate of 79.63%.
Founded in 2008, California-based Twilio, Inc. provides a cloud-based communications platform that enables software developers to programmatically make and receive phone calls, send and receive text messages, and perform other communication functions using its Web service APIs (Application Programming Interfaces).
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