Twilio (TWLO) announces further workforce restructuring plan

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Twilio (TWLO) PT Raised to $67 at Stifel

December 4, 2023 11:53 AM EST

Stifel analyst J. Parker Lane raised the price target on Twilio (NYSE: TWLO) to $67.00 (from $60.00) while maintaining a Hold rating.

The analyst comments "Monday morning, Twilio disclosed further workforce restructuring efforts including a RIF and a realignment of business units. The announcement comes... More