Twilio Inc. (NYSE: TWLO) is listed as one of the Hot AI Stocks on Wall Street’s Radar. Piper Sandler analyst raised the price target to $144.00 after the second-quarter results. Despite some issues, the core business is doing well. The firm recommends buying for exposure to digital communications and Voice AI infrastructure.

The second-quarter results showed top-line strength and demand drivers like Messaging and Voice AI are intact. However, lower GPM and other factors caused shares to drop after hours. The firm did not raise EBIT guidance due to ongoing investments and other issues, leading to a reduction in 2H FCF.

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Read more at Yahoo Finance: Twilio (TWLO) PT Lifted to $144 on Strong Q2, Voice AI Demand