Twilio Inc (NASDAQ:TWLO)’s share price was up 1.3% on Tuesday . The stock traded as high as $40.25 and last traded at $39.85, with a volume of 1,412,355 shares trading hands. The stock had previously closed at $39.33.

Several equities analysts have recently weighed in on TWLO shares. JPMorgan Chase & Co. started coverage on shares of Twilio in a research report on Monday, July 18th. They issued a “neutral” rating and a $39.00 price objective on the stock. They noted that the move was a valuation call. Pacific Crest started coverage on shares of Twilio in a research report on Monday, July 18th. They issued a “sector weight” rating on the stock. JMP Securities started coverage on shares of Twilio in a research report on Monday, July 18th. They issued a “market perform” rating on the stock. Goldman Sachs Group Inc. started coverage on shares of Twilio in a research report on Monday, July 18th. They issued a “neutral” rating and a $33.00 price objective on the stock. They noted that the move was a valuation call. Finally, Canaccord Genuity started coverage on shares of Twilio in a research report on Monday, July 18th. They issued a “hold” rating and a $40.00 price objective on the stock. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $37.33.

The firm’s market cap is $715.14 million. The company’s 50-day moving average is $37.64 and its 200-day moving average is $37.64.

Twilio Inc offers Cloud Communications Platforms. The Company enables developers to build, scale and operate real-time communications within software applications. It Programmable Communications Cloud software enables developers to embed voice, messaging, video and authentication capabilities into their applications via its Application Programming Interfaces.

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