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RBC Capital Sticks to Its Sell Rating for Twilio (TWLO)

Tipranks - Tipranks - Wed Apr 8, 8:50PM CDT

In a report released on April 6, Rishi Jaluria from RBC Capital maintained a Sell rating on Twilio, with a price target of $100.00. The company’s shares closed yesterday at $131.53.

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Jaluria covers the Technology sector, focusing on stocks such as Microsoft, Fastly, and NICE. According to TipRanks, Jaluria has an average return of -6.4% and a 48.20% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Twilio with a $145.63 average price target.

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Based on Twilio’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.37 billion and a GAAP net loss of $45.85 million. In comparison, last year the company earned a revenue of $1.19 billion and had a GAAP net loss of $12.47 million

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