BUZZ-Twilio gains on strong Q4 revenue forecast, PT raises after investor day optimism

Cloud communications platform Twilio's TWLO.N shares jump 16.5% to $132.06 premarket

At least 11 brokerages raise PT on the TWLO stock after co laid out growth strategy at investor day on Thursday

"We walk away from the event incrementally constructive on Twilio's prospects for sustained profitable growth, with emerging optimism over gradual growth acceleration" - J.P.Morgan

Co says it expects Q4 rev. growth of about 11% YoY, above estimates of 8.9% according to data compiled by LSEG

TWLO forecasts adj. operating margins between 21% and 22% in 2027; expects $3 bln of cumulative free cash flow over the next three years

Morgan Stanley says TWLO's profitability commitment and preliminary Q4 results were better than expected; co seems focused on the cross-sell that could be "most successful"

18 brokerages rate the stock "buy" or higher, 10 "hold" and 3 "sell"; their median PT is $120, compared to $90 a month ago - LSEG

TWLO stock has risen ~53% in the past 12 months