Yahoo Finance

Scotiabank lowered the firm’s price target on Twilio (TWLO) to $130 from $160 and keeps an Outperform rating on the shares. The firm is updating its price targets on stocks in the U.S. Software system in conjunction with the recent pull-back in the sector, the analyst tells investors. All eyes will be on tariff impacts, but these impacts are expected to surface in Q2 and 2H, the firm adds. The firm continues to see a favorable setup for Twilio

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Read More on TWLO:

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• Twilio’s Hold Rating: Cautious Outlook Amid Early-Stage RCS Opportunities and Cash Flow Adjustments

• Twilio price target lowered to $110 from $135 at Stifel

• Twilio price target lowered to $111 from $160 at Morgan Stanley

• Twilio price target lowered to $100 from $140 at TD Cowen

• Twilio’s Hold Rating: Navigating Macroeconomic Sensitivities and Cautious Growth Projections