Piper Sandler analyst James Fish raised the firm’s price target on Twilio (TWLO) to $142 from $94 and keeps an Overweight rating on the shares. The firm notes on Thursday, Twilio hosted its first analyst day since November 2022, which has sent shares higher after hours given a positive pre-announcement, 2025-2027 free cash flow estimates moving higher, and management exuding confidence around high-single digit sustainable growth that is clearly being helped by the mix shift towards ISVs, cross-sell, and self-serve.
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