Twilio Inc. (NYSE:TWLO) Stock lower -67.75% in This Year: What’s Happened?

Stifel lowered the price target for the Twilio Inc. (NYSE:TWLO) stock from ‘a Buy’ to ‘a Hold’. The rating was released on June 05, 2023, according to finviz. We previously noted in another research note published on June 05, 2023 by Atlantic Equities that downgraded the stock from an Overweight to a Neutral with a price target of $100 for TWLO stock. The research report from Macquarie has downgraded the stock from Outperform to Neutral, with a price target set at $96. The stock was initiated by Bernstein, who disclosed in a research note on June 20, 2023, to Mkt Perform and set the price objective to $91.