Analyst: Buy The Twilio (NYSE: TWLO) Dip

Benzinga

•

October 1st, 2019

DESCRIPTION

Twilio Inc. (NYSE: TWLO) shares have gotten hammered of late, dropping 21.8% in the past three months. Bank of America Merrill Lynch analyst Nikolay Beliov analyst said Monday that investors shouldn’t get too hung up on near-term issues and lose sight of the longer-term opportunity in Twilio. Bank of America Merrill Lynch analyst Nikolay Beliov reiterated a Buy rating on Twilio with a $160 price target.

Benzinga

Benzinga delivers fast, actionable financial news and market insights to help investors stay ahead of the curve. From breaking market headlines and earnings coverage to expert analysis on stocks, options, futures, crypto, and macro trends, Benzinga connects audiences with the information that moves markets. Our video content features real-time market commentary, educational segments, and exclusive interviews with industry leaders—designed for active traders, long-term investors, and anyone looking to better understand the financial landscape.