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Barchart
Wajeeh Khan

Stifel Just Upgraded Twilio Stock. Here's Why.

Twilio Stifel TWLO

San Francisco-headquartered Twilio (TWLO) has been in a sharp uptrend this year, but a senior Stifel analyst believes the stock is not out of juice just yet.

On Friday, J. Parker Lane upgraded the cloud communications platform to Buy and raised his price target to $260, indicating potential upside of about 20% from current levels.

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