Tech infrastructure stocks related to AI are in the spotlight this year, with Twilio standing out for its strong performance and potential. Twilio, a cloud communications platform, has been investing heavily in AI and expanding its services. The company recently reported a solid quarter, with revenue up 15% YoY and strong profitability. Analysts are bullish on Twilio, with price targets raised by major firms like Morgan Stanley and Goldman Sachs. Despite the stock trading near $132.3, some analysts see further upside potential of 20-30% as Twilio continues to execute its growth strategy.
Read more at Barchart: Analysts Love This AI Software Stock after Earnings. Should You Buy It Here?
