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Analysts’ Top Technology Picks: Twilio (TWLO), Toast Inc (TOST)

Tipranks - Sat Feb 14, 8:34AM CST

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Twilio (TWLOResearch Report), Toast Inc (TOSTResearch Report) and JFrog (FROGResearch Report) with bullish sentiments.

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Twilio (TWLO)

Mizuho Securities analyst Siti Panigrahi reiterated a Buy rating on Twilio today and set a price target of $150.00. The company’s shares closed last Thursday at $110.41.

According to TipRanks.com, Panigrahi has 0 stars on 0-5 stars ranking scale with an average return of -4.0% and a 42.7% success rate. Panigrahi covers the Technology sector, focusing on stocks such as Zoom Video Communications, Onestream, Inc. Class A, and ZoomInfo Technologies. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Twilio with a $145.63 average price target, implying a 31.2% upside from current levels. In a report issued on February 4, TipRanks – PerPlexity also upgraded the stock to Buy with a $120.00 price target.

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Toast Inc (TOST)

In a report released today, Matthew Coad from Truist Financial maintained a Buy rating on Toast Inc. The company’s shares closed last Thursday at $26.14.

According to TipRanks.com, Coad ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -9.7% and a 30.0% success rate. Coad covers the Technology sector, focusing on stocks such as Fidelity National Info, Bill.com Holdings, and Affirm Holdings. ;'>

Toast Inc has an analyst consensus of Moderate Buy, with a price target consensus of $39.47, a 40.9% upside from current levels. In a report issued on February 2, Jefferies also maintained a Buy rating on the stock with a $45.00 price target.

JFrog (FROG)

In a report released today, Beth Reed from Truist Financial maintained a Buy rating on JFrog. The company’s shares closed last Thursday at $53.30.

According to TipRanks.com, Reed is ranked #8117 out of 12109 analysts.

JFrog has an analyst consensus of Strong Buy, with a price target consensus of $73.00, a 40.4% upside from current levels. In a report issued on February 2, Needham also maintained a Buy rating on the stock with a $70.00 price target.

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