Stock Track | Twilio Plunges 5.35% in Pre-market After Multiple Analyst Target Price Cuts

Stock Track

Feb 13

Twilio's stock experienced a significant pre-market plunge of 5.35% following a series of analyst target price reductions.

The decline comes after Jefferies cut its price target on Twilio to $125 from $132, Piper Sandler reduced its target to $130 from $148, and Morgan Stanley lowered its price target to $153 from $169 while maintaining an Overweight rating on the stock.

These downward revisions in price targets from multiple analysts appear to have contributed to negative sentiment toward the communications platform company in pre-market trading.

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The decline comes after Jefferies cut its price target on Twilio to $125...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"TWLO":"Twilio Inc"},"translate_title":"个股追踪|多位分析师下调目标价后Twilio盘前暴跌5.35%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TWLO":1},"content_text":"Twilio's stock experienced a significant pre-market plunge of 5.35% following a series of analyst target price reductions.\nThe decline comes after Jefferies cut its price target on Twilio to $125 from $132, Piper Sandler reduced its target to $130 from $148, and Morgan Stanley lowered its price target to $153 from $169 while maintaining an Overweight rating on the stock.\nThese downward revisions in price targets from multiple analysts appear to have contributed to negative sentiment toward the communications platform company in pre-market trading.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}