Twilio price target raised to $240 from $180 at RBC Capital » 07:2205/2705/27/20
RBC Capital analyst Alex…
RBC Capital analyst Alex Zukin raised the firm's price target on Twilio to $240 from $180 and keeps an Outperform rating on the shares after hosting an NDR with its management. The analyst cites greater clarity on the trends seen in Q1, along with the opportunities for the company over the near and long term, as he contends that the stock offers "one of the most durable hyper-growth opportunities at scale". Zukin further notes that Twilio is levered to the digital transformation initiatives across verticals, business functions, and next-generation initiatives.
Twilio price target raised to $225 from $170 at Needham » 08:4605/2605/26/20
Needham analyst Richard…
Needham analyst Richard Valera raised the firm's price target on Twilio to $225 from $170 and keeps a Buy rating on the shares. The company's NYC contact tracing initiative presents a meaningful incremental opportunity as both a major win for Flex and a likely benchmark/reference for additional contact center tracing wins with other cities or municipalities, the analyst tells investors in a research note. Valera also raises his Twilio FY20 EPS view to (7c) from (12c) and FY21 to 35c from 29c, reflecting the company's NYC win and his incremental conviction on the increased relevance of the company's digital platform in a post-COVID world.
Twilio call volume above normal and directionally bullish » 10:0505/2205/22/20
Bullish option flow…
Bullish option flow detected in Twilio with 19,681 calls trading, 5x expected, and implied vol increasing almost 3 points to 55.88%. 5/22 weekly 205 calls and 5/22 weekly 200 calls are the most active options, with total volume in those strikes near 8,500 contracts. The Put/Call Ratio is 0.16. Earnings are expected on July 29th.
Twilio jumps 4% after New York City selects for COVID contact tracing » 09:2605/2205/22/20
Shares of Twilio are…
Shares of Twilio are moving higher after New York City selected the company's communications platform for its COVID-19 contact tracing initiative. The city is planning to deploy a cloud-based contact center on Twilio Flex and leverage Twilio SMS and Voice as key parts of the City's COVID-19 tracing program, the company said in a statement. Twilio sadi it is working with government agencies and health departments to deploy and scale their contact tracing solutions. Shares of Twilio are up 4%, or $7.57, to $201.57 in premarket trading.
Twilio providing communications for New York City's COVID contact tracing » 09:2205/2205/22/20
Twilio announced that it…
Twilio announced that it will power the communications for New York City's contact tracing initiative. Through the city's Department of Information Technology & Telecommunications, the city is planning to deploy a cloud-based contact center on Twilio Flex and leverage Twilio SMS and Voice as key parts of the City's COVID-19 tracing program, the company said in a statement. New York City recently announced a plan to hire thousands of contact tracers to support these efforts in the coming months. Twilio said it is working with government agencies and health departments to "deploy and scale their contact tracing solutions." It added, "Twilio's platform is well-suited to support the fundamental communication needs for contact tracing, including connecting securely with COVID-19 patients and known contacts, to help monitor the spread of the virus. Twilio offers an omnichannel contact center built using Twilio Flex to call, message or email COVID-19 patients, educate them on the virus, and identify their close contacts through self-reporting. The platform also provides messaging-based alerts using Twilio Voice, SMS, email or WhatsApp that prompt patients to fill out secure surveys on their symptoms."
|Over a week ago|
Twilio management to meet virtually with JMP Securities » 08:5205/2105/21/20
Virtual Meetings to be…
Virtual Meetings to be held May 20-21 hosted by JMP Securities.
Twilio price target raised to $200 from $160 at JMP Securities » 06:4305/2005/20/20
JMP Securities analyst…
JMP Securities analyst Patrick Walravens raised the firm's price target on Twilio to $200 from $160 and keeps an Outperform rating on the shares ahead of its meetings with the company executives on May 20-21st. The analyst remains positive on the shares as Twilio is seeing new business from verticals such as education, retail, and healthcare that outweighs weakness in the pandemic-impacted industries such as ride-sharing, restaurants, and hospitality. Longer term, Walravens also points to Twilio's "clear lead" in a massive market with an estimated $45B opportunity coming from SMS unified communications and authentication.
Red Lion Hotels CFO Nate Troup to depart » 07:3205/1505/15/20
Red Lion Hotels…
Red Lion Hotels Corporation (RLH), announced that its current CFO Nate Troup is leaving the Company to join Twilio (TWLO) as its VP, Global Controller. Troup's last day with the Company will be May 29, 2020. RLHC has engaged Gary Kohn, a financial consultant with extensive public company CFO experience, to support RLHC during the transition and until a replacement can be identified. The Company believes it has a strong finance team in place to work with Kohn and expects a smooth transition. Mr. Kohn will join RLHC effective May 18, 2020. The Company intends to promptly conduct a search for a permanent CFO, and Gary Kohn will be considered along with other candidates identified.
Unusually active option classes on open May 13th » 09:4005/1305/13/20
CBAY, GRUB, ITUB, DDOG, CSCO, IBB, M, GM, AMC, TWLO
Unusual total active…
Unusual total active option classes on open include: CymaBay (CBAY), GrubHub (GRUB), Itau Unibanco (ITUB), Datadog (DDOG), Cisco (CSCO), iShares Nasdaq Biotechnology Index Fund (IBB), Macy's (M), General Motors (GM), AMC Entertainment (AMC), and Twilio (TWLO).
Twilio to power Zocdoc's HIPAA-compliant telehealth video service » 06:4005/1305/13/20
Twilio announced that…
Twilio announced that Twilio Programmable Video will power Zocdoc's new free, HIPAA-compliant telehealth video solution. Any provider can sign up to use Zocdoc's Video Service, powered by Twilio, to facilitate all of their virtual appointments - whether their patients schedule a video visit through Zocdoc or not. Twilio has seen a surge in usage across the platform in response to COVID-19, including a more than 850% increase in peak concurrent participants on its video products and a more than 500% increase in daily video minutes compared with pre-February levels. Usage of Twilio's platform across its healthcare customers is up more than 90% since its February pre-COVID-19 averages.