Why Analysts Are Upping Their Price Targets for Twilio Stock

Shares of Twilio (NYSE: TWLO) soared on Friday. The stock finished the trading day up 13%. The cloud-based communication platform provider's stock benefited from a wave of optimistic analyst reports on the company.

What has Twilio analysts so excited about this growth stock? The company's investor presentation on Thursday included a number of optimistic updates from management. Here's a look at some of the key takeaways from Twilio's investor presentation and what analysts are saying about it.

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Source Fool.com