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Fly News Breaks for May 1, 2019
TWLO
May 1, 2019 | 07:52 EDT
KeyBanc analyst Brent Bracelin raised his price target for Twilio to $156 from $150 on "strong" Q1 results. The analyst remains bullish on Twilio based on a "compelling" growth opportunity as "APIs Go Ubiquitous" across the broader enterprise, helping sustain share gain momentum in a large $64B TAM. He reiterates an Overweight rating on the shares and says it remains one of his top cloud software ideas to own for 2019.
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