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TWLO

Twilio

$76.26

1.27 (1.69%)

, SEND

SendGrid

$30.94

0.04 (0.13%)

20:13
10/15/18
10/15
20:13
10/15/18
20:13

MUFG analyst 'fully supports' SendGrid acquisition by Twilio

MUFG analyst Stephen Bersey kept his Overweight rating and $82 price target on Twilio (TWLO) after its $2B all-stock deal to acquire SendGrid (SEND). The analyst offers his "full support" to the proposed deal from the perspective of strategy, timing and valuation, noting that Twilio needs to move toward the enterprise application space as it grows its API business. Bersey adds that the companies' technology and expert knowledge bases are very different, and Twilio's development for an email API would have been "long and challenging".

TWLO

Twilio

$76.26

1.27 (1.69%)

SEND

SendGrid

$30.94

0.04 (0.13%)

  • 06

    Nov

TWLO Twilio
$76.26

1.27 (1.69%)

10/10/18
KEYB
10/10/18
NO CHANGE
KEYB
Shopify, Salesforce should be bought on October pullback, says KeyBanc
KeyBanc analyst Brent Bracelin notes that the 55 largest SaaS stocks had an incredible run through the end of Q3, as the group benefited from robust secular tailwinds and multiple expansion with forward EV/S levels increasing by two full turns above the five-year average. That said, the "Big Chill" has quickly set in during the first nine days of October as the group is down 11% this month and 21% from the highs, on average, he adds. The analyst has identified eight high-quality SaaS stocks that he would buy on the October pullback based on attractive risk-reward and growth profiles looking out into 2020, namely Shopify (SHOP), Salesforce (CRM), Twilio (TWLO), Wix.com (WIX), Zendesk (ZEN), BlackLine (BL), Avalara (AVLR), and Mindbody (MB).
10/08/18
DBAB
10/08/18
INITIATION
DBAB
Buy
Twilio initiated with a Buy at Deutsche Bank
Deutsche Bank analyst Michael Turrin initiated Twilio with a Buy rating and $88 price target.
10/02/18
DADA
10/02/18
INITIATION
Target $99
DADA
Buy
Twilio initiated with a Buy at DA Davidson
DA Davidson analyst Rishi Jaluria initiated Twilio with a Buy rating and a price target of $99, citing the company's "rapid growth, market leadership position, and developer-driven model". The analyst notes he is especially positive on the company's leadership in CPaas - communications platform as a service - which is a "growing area of importance for software developers". Jaluria also points to Twilio's "developer-centric model" that focuses on product development and reliability as well as its rapid growth, with annual revenues rising 68% from 2013 to 2017.
09/04/18
KEYB
09/04/18
NO CHANGE
Target $64
KEYB
Overweight
Bandwidth price target raised to $64 from $45 at KeyBanc
KeyBanc analyst Brent Bracelin raised his price target for Bandwidth (BAND) to $64 from $45 as he believes 2018 marks an inflection year for cloud software APIs that are poised to go ubiquitous across the broader enterprise over the next five years. The analyst has increasing confidence in the upside levers to cloud software API business models like Amazon (AMZN), Twilio (TWLO), Bandwidth, and SendGrid (SEND). Bracelin reiterates an Overweight rating on Bandwidth shares.
SEND SendGrid
$30.94

0.04 (0.13%)

09/24/18
FANA
09/24/18
INITIATION
Target $45
FANA
Strong Buy
SendGrid initiated with a Strong Buy at First Analysis
First Analysis analyst David Gearhart initiated SendGrid with a Strong Buy rating and a price target of $45, citing its position as a leader in email delivery and its multiple catalysts for growth. The analyst says the company should see a 20% top-line growth and improving profitability, along with free cash flow generation, over the foreseeable future amid the business trend of transition to outsourced platforms, industry volume growth, and cross-sell opportunities. Gearhart also cites SendGrid software capability to be "quickly integrated by businesses through a cloud-based API", which allows for "automated delivery of wanted transactional and marketing emails to end customer and user inboxes at scale". The analyst notes that the company's valuation of 12.6-times enterprise value to expected 2018 sales is comparable to its peer group.
09/04/18
KEYB
09/04/18
NO CHANGE
Target $42
KEYB
Overweight
SendGrid price target raised to $42 from $32 at KeyBanc
KeyBanc analyst Brent Bracelin raised his price target for SendGrid (SEND) to $42 from $32 as he believes 2018 marks an inflection year for cloud software APIs that are poised to go ubiquitous across the broader enterprise over the next five years. The analyst has increasing confidence in the upside levers to cloud software API business models like Amazon (AMZN), Twilio (TWLO), Bandwidth (BAND), and SendGrid. Bracelin reiterates an Overweight rating on SendGrid shares.
04/25/18
ADAM
04/25/18
INITIATION
Target $32
ADAM
Buy
SendGrid initiated with a Buy at Canaccord
Canaccord analyst Richard Davis initiated SendGrid with a Buy saying it is a promising business as a SaaS vertical firm. He said the company has low-friction selling/adoption, a business-to-developer GTM model, and has infrastructure layers where buyers source the various components of their stack. Davis has a $32 price target on SendGrid shares.

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02:35
11/21/18
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MDT

Medtronic

$92.31

1.91 (2.11%)

20:48
11/20/18
11/20
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20:48
Recommendations
Medtronic analyst commentary at Piper Jaffray »

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RDY

Dr. Reddy's

$36.48

1.19 (3.37%)

20:44
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SCCO

Southern Copper

$35.63

-1.615 (-4.34%)

20:30
11/20/18
11/20
20:30
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20:30
Upgrade
Southern Copper rating change at Bradesco »

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KBH

KB Home

$19.84

0.37 (1.90%)

20:17
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20:17
Hot Stocks
KB Home expands into Seattle housing market »

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CLDR

Cloudera

$10.69

-0.545 (-4.85%)

20:16
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20:16
Hot Stocks
Cloudera partners with Bank Rakyat Indonesia »

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AAPL

Apple

$177.10

-8.7 (-4.68%)

19:44
11/20/18
11/20
19:44
11/20/18
19:44
Periodicals
Apple acquires AI software firm Silk Labs, The Information reports »

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  • 04

    Dec

NVT

nVent Electric

$24.18

-0.35 (-1.43%)

19:20
11/20/18
11/20
19:20
11/20/18
19:20
Initiation
nVent Electric initiated at Vertical Research »

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  • 28

    Nov

FB

Facebook

$132.47

0.85 (0.65%)

19:13
11/20/18
11/20
19:13
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19:13
Periodicals
Russia's FAN sues Facebook, claims to be legitimate news outlet, Reuters says »

Facebook is being sued by…

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  • 28

    Nov

CMCSA

Comcast

$36.75

-1.44 (-3.77%)

, CMCSK

Comcast

$0.00

(0.00%)

18:58
11/20/18
11/20
18:58
11/20/18
18:58
Periodicals
Megyn Kelly seen to leave NBC News with entirety of $69M deal, WSJ says »

Megyn Kelly is…

CMCSA

Comcast

$36.75

-1.44 (-3.77%)

CMCSK

Comcast

$0.00

(0.00%)

03/08/13
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  • 03

    Dec

FL

Foot Locker

$46.10

-2.69 (-5.51%)

, ADSK

Autodesk

$122.99

-2.76 (-2.19%)

18:56
11/20/18
11/20
18:56
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Hot Stocks
Fly Intel: After Hours Movers »

UP AFTER EARNINGS: Foot…

FL

Foot Locker

$46.10

-2.69 (-5.51%)

ADSK

Autodesk

$122.99

-2.76 (-2.19%)

BJ

BJ's Wholesale

$19.85

-0.22 (-1.10%)

KEYS

Keysight Technologies

$54.35

-1.23 (-2.21%)

CPRT

Copart

$47.30

-1.255 (-2.58%)

VNET

21Vianet

$11.20

-0.1 (-0.88%)

GPS

Gap

$24.65

-0.79 (-3.11%)

BILI

Bilibili

$13.61

0.575 (4.41%)

DXCM

DexCom

$119.89

-1.34 (-1.11%)

03/08/13
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  • 20

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    Nov

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    Nov

  • 04

    Dec

  • 04

    Dec

  • 04

    Dec

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    Dec

  • 06

    Dec

  • 07

    Dec

  • 03

    Mar

AAPL

Apple

$177.10

-8.7 (-4.68%)

18:46
11/20/18
11/20
18:46
11/20/18
18:46
Periodicals
Apple in discussions to give vets access to electronic medical records, WSJ says »

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  • 04

    Dec

FB

Facebook

$132.47

0.85 (0.65%)

18:32
11/20/18
11/20
18:32
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18:32
Periodicals
Facebook ads system was down today for some users, Bloomberg says »

Facebook's…

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  • 28

    Nov

EMCI

EMC Insurance

$32.33

1.1 (3.52%)

18:28
11/20/18
11/20
18:28
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18:28
Hot Stocks
EMC Insurance announces receipt of proposal from EMCC to buy all of its shares »

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EEX

Emerald Expositions Events

$11.09

0.17 (1.56%)

18:26
11/20/18
11/20
18:26
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18:26
Hot Stocks
Emerald Expositions Events announces $20M share repurchase program »

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LIVN

LivaNova

$98.00

-22.28 (-18.52%)

18:26
11/20/18
11/20
18:26
11/20/18
18:26
Recommendations
LivaNova analyst commentary at Piper Jaffray »

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  • 20

    Nov

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    Nov

BKH

Black Hills

$64.40

0.92 (1.45%)

18:24
11/20/18
11/20
18:24
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18:24
Hot Stocks
Black Hills Energy receives approval to construct $54M gas pipeline in Wyoming »

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GOOG

Alphabet

$1,026.00

7 (0.69%)

, GOOGL

Alphabet Class A

$1,031.22

4.99 (0.49%)

18:19
11/20/18
11/20
18:19
11/20/18
18:19
Periodicals
Google expands Moffett Park presence again, SVBJ says »

Google is once again…

GOOG

Alphabet

$1,026.00

7 (0.69%)

GOOGL

Alphabet Class A

$1,031.22

4.99 (0.49%)

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  • 28

    Nov

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SE

Sea Limited

$12.18

-0.52 (-4.09%)

18:04
11/20/18
11/20
18:04
11/20/18
18:04
Earnings
Sea Limited reports Q3 net loss ($237.6M) vs. ($127.1M) last year »

Reports Q3 revenue…

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BILI

Bilibili

$13.61

0.575 (4.41%)

18:03
11/20/18
11/20
18:03
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18:03
Earnings
Bilibili reports Q3 revenue $157.1M, consensus $146.72M »

Reports Q3 adjusted net…

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  • 20

    Nov

LTM

Latam Airlines

$9.24

-0.4 (-4.15%)

18:01
11/20/18
11/20
18:01
11/20/18
18:01
Hot Stocks
Breaking Hot Stocks news story on Latam Airlines »

LATAM Airlines reports Q3…

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  • 21

    Nov

CE

Celanese

$100.26

-1.53 (-1.50%)

18:01
11/20/18
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18:01
Hot Stocks
Celanese increases Fortron polyphenylene sulphide price by 85c per kg »

The price increases will…

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BA

Boeing

$317.77

-3.09 (-0.96%)

, TSLA

Tesla

$347.60

-5.88 (-1.66%)

17:55
11/20/18
11/20
17:55
11/20/18
17:55
Periodicals
NASA to investigate workplace culture at Boeing, SpaceX, Reuters says »

NASA said that it plans…

BA

Boeing

$317.77

-3.09 (-0.96%)

TSLA

Tesla

$347.60

-5.88 (-1.66%)

03/08/13
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  • 27

    Nov

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