Twilio Inc (NASDAQ:TWLO) saw unusually-strong trading volume on Friday . Approximately 5,408,009 shares traded hands during trading, a decline of 4% from the previous session’s volume of 5,657,504 shares.The stock last traded at $54.98 and had previously closed at $54.40.

A number of equities research analysts have issued reports on TWLO shares. JPMorgan Chase & Co. started coverage on Twilio in a research report on Monday, July 18th. They set a “neutral” rating and a $39.00 price target for the company. They noted that the move was a valuation call. William Blair reissued an “outperform” rating on shares of Twilio in a research report on Thursday, August 11th. Goldman Sachs Group Inc. reissued a “neutral” rating and set a $37.00 price target (up previously from $33.00) on shares of Twilio in a research report on Thursday, August 11th. JMP Securities reissued a “market perform” rating on shares of Twilio in a research report on Thursday, August 11th. Finally, Pacific Crest started coverage on Twilio in a research report on Monday, July 18th. They set a “sector weight” rating for the company. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $38.67.

The firm has a 50 day moving average of $42.65 and a 200 day moving average of $40.90. The company’s market capitalization is $4.64 billion.

Twilio (NASDAQ:TWLO) last announced its quarterly earnings data on Monday, August 8th. The company reported ($0.08) EPS for the quarter, beating analysts’ consensus estimates of ($0.15) by $0.07. The company had revenue of $64.50 million for the quarter, compared to analyst estimates of $39.95 million. The company’s revenue was up 70.0% on a year-over-year basis. On average, analysts expect that Twilio Inc will post ($0.29) EPS for the current fiscal year.

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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