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Fly News Breaks for March 15, 2019
TWLO
Mar 15, 2019 | 07:39 EDT
Morgan Stanley analyst Meta Marshall initiated Twilio with an Equal Weight rating and $130 price target, stating that she believes the company has built a platform capable of disrupting the largely static communications industry, but that this disruption potential is largely built into the stock's current valuation. She thinks Twilio needs more paths to market or higher margin potential in order to see meaningful upside, Marshall tells investors.
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