BUZZ-Twilio rises after Citizens raises PT

Reuters2025-12-31
BUZZ-Twilio rises after Citizens raises PT

** Shares of cloud communications platform Twilio TWLO.N rise 2.69% to $145.33

** Citizens raises PT to $185 from $165, a 30.7% upside to the stock's last close of $141.52

** Brokerage says TWLO is an attractive opportunity due to its unified communications and data platform and its ability to pursue a projected $118  billion addressable market by 2028

** A substantial share of activity from ElevenLabs, a privately held AI‑voice partner of Twilio, uses its telephony and Communications Platform as a Service infrastructure - Citizens

** 22 of 30 brokerages rate the stock "buy" or "strong buy", 6 "hold" and 2 "sell" ; median PT is $145 - data compiled by LSEG

** As of last close, TWLO up 30.9% YTD

(Reporting by Pragyan Kalita in Bengaluru)

((Pragyan.Kalita@thomsonreuters.com))

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