Scotiabank lowered the firm’s price target on Twilio (TWLO) to $130 from $160 and keeps an Outperform rating on the shares. The firm is updating its price targets on stocks in the U.S. Software system in conjunction with the recent pull-back in the sector, the analyst tells investors. All eyes will be on tariff impacts, but these impacts are expected to surface in Q2 and 2H, the firm adds. The firm continues to see a favorable setup for Twilio
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