Twilio (TWLO) stock surged 5.04% on Tuesday, lifted by a bullish analyst call and growing investor enthusiasm around the company's artificial intelligence (AI) initiatives.
Goldman Sachs analyst Kash Rangan upgraded Twilio to a Buy rating with a $185 price target, citing the company's better-than-expected preliminary fourth-quarter results and upbeat 2025 outlook. The upgrade came after Twilio disclosed that its Q4 performance topped expectations, further fueling optimism around the cloud communications platform provider.
Additionally, Twilio's stock was buoyed by its increasing integration of AI capabilities into its product offerings. The company has already partnered with OpenAI and is leveraging AI to enhance its self-service options and customer engagement solutions. As investors pile into AI plays amid the technology's rapid advancement, Twilio's AI pursuits have positioned it as a key beneficiary of the AI frenzy sweeping across Wall Street.
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