• TWLO is trading 6.1% higher at $195.25 in pre-market.
  • Goldman Sachs initiated coverage on Twilio with a Buy rating and a $300 price target, representing roughly 63% upside from the prior session's close.
  • This significant move is attributed to a company-specific catalyst, contrasting with the broader market trend where the S&P 500 and Nasdaq are largely down.