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Fly News Breaks for May 9, 2018
TWLO
May 9, 2018 | 09:17 EDT
JMP Securities analyst Patrick Walravens increased his price target on Twilio to $55 from $39 after company reported "much better than expected" Q1 results and issued better than expected Q2 revenue guidance, which he attributes to very strong sales productivity and aggressive expansion of its sales capacity across all regions. He keeps an Outperform rating on Twilio.
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