TWLO: another analyst upgrade

https://seekingalpha.com/news/3354514-analyst-ups-twilio-tar…

Monness Crespi & Hardt raises its Twilio (NYSE:TWLO) price target from $60 to $66, a 49% upside to yesterday’s close.

Firm cites the enterprise value-to-revenue ration of 10X CY19E and sales growth at a four-year CAGR of 68%.