Twilio price target raised to $135 from $130 at Stifel

Stifel raised the firm’s price target on Twilio (TWLO) to $135 from $130 and keeps a Hold rating on the shares. The Q1 outlook “wrapped the Street” with top and bottom-line mid-points slightly below expectations, the analyst tells investors. With a mid-term framework and yearly guide in place, 2025 is “all about execution against the sizable CXaaS opportunity and ongoing cost initiatives,” the analyst tells investors in a post-Q4 note.