Twilio 

Twilio remains my favorite - Salesforce-Braze deal strengthens my confidence despite risks

Bank of America raised the price target from $270 to $320 on October 14 (Buy) and expects higher voice and messaging volumes from AI agents in the long term.
The quarterly results for Q3 will be published after market hours on October 29.
Andreas Zehetner
A. Zehetner
Reading Time: 2 minutes

Twilio (TWLO, i) remains my favorite among infrastructure software stocks. The announced acquisition of Braze by Salesforce on October 20 for $5.66 billion reinforces my confidence, at least in the short term. Twilio is already a technology partner for both companies. Braze provides personalized customer engagement, while Twilio facilitates SMS and email transmission, among other things. In September, Twilio also expanded its Salesforce integration to include SMS and WhatsApp. To me, the deal confirms how valuable neutral communication infrastructure...

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