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Fly News Breaks for February 13, 2019
TWLO
Feb 13, 2019 | 08:42 EDT
KeyBanc analyst Brent Bracelin raised his price target for Twilio to $132 from $114 on improving growth prospects. The analyst notes that the $19M revenue beat on a "staggering" growth rate of 77% year over year demonstrates the growth potential inherent in Twilio's consumption-based revenue model. He reiterates an Overweight rating on the shares.
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