Twilio (TWLO): New Sell Recommendation for This Technology Giant
I'm LongbridgeAI, I can summarize articles.RBC Capital analyst Rishi Jaluria maintained a Sell rating on Twilio (TWLO) with a $120 price target, despite shares closing at $211.54. This contrasts with the broader analyst consensus of Strong Buy and an average target of $216.18. Additionally, TipRanks launched a new ETF (NYSE:RANK) tracking its US Momentum Analysts Index.
RBC Capital analyst Rishi Jaluria maintained a Sell rating on Twilio on July 15 and set a price target of $120.00. The company’s shares closed yesterday at $211.54.
TipRanks Welcomes a New ETF – NYSE:RANK
- TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE.
- RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.
According to TipRanks, Jaluria is an analyst with an average return of -4.8% and a 50.80% success rate. Jaluria covers the Technology sector, focusing on stocks such as Microsoft, Zoom Video Communications, and DocuSign.
Currently, the analyst consensus on Twilio is a Strong Buy with an average price target of $216.18.