Twilio Inc (NYSE: TWLO) – Why This Twilio Analyst Is Bullish

A Twilio, Inc (NYSE: TWLO) Analyst takes a bullish stance on the inventory primarily based on sustained, pandemic-related demand developments for communications API platforms, long-term cloud options, and market advantages first come.

Analyst Twilio: UBS analyst Taylor McGinnis launched the Twilio cowl with a purchase observe and a worth goal of $ 385.

Twilio takeaways: The pandemic has accelerated demand for high-income, low-margin Twilio messaging choices and elevated each the adoption and consciousness of its higher-margin APIs and cloud options reminiscent of Video, Flex and Phase, a McGinnis stated in a gap observe Wednesday.

Twilio will proceed to construct on the success of those merchandise within the close to time period whereas pursuing long-term options in progress areas reminiscent of buyer information platforms and cloud-as-a-service communications, each of that are in danger. an early stage within the business, the analyst stated. .

Regardless of entry into the area and a better give attention to the area by bigger corporations reminiscent of Microsoft, Twilio has maintained its business management place out there on account of its first-mover benefits, has t she declared.

Though Twilio’s present income drivers aren’t considerably differentiated from these of its opponents, Twilio finds its aggressive edge with its pre-packaged answer APIs and the potential to transform present customers of its pure communication platform into as service merchandise to its long term, business particular options. , McGinnis stated.

At the moment, Twilio is without doubt one of the hardest hit mid-cap shares following the February tech sell-off and is now buying and selling at a reduction to friends with the same progress profile, stated the analyst.

UBS expects Twilio’s income to develop by 30% over the following few years.

TWLO worth motion: Twilio inventory gained 1.9% on Thursday, closing at $ 338.69.

Last scores for TWLO

Dated Solidify motion Of AT
Could 2021 UBS Throw the blanket on Purchase
Could 2021 Morgan stanley Maintains Obese
Apr 2021 B of titles A Restores Purchase

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