Barclays analyst Ryan MacWilliams upgraded Twilio Inc (TWLO) to Overweight from Equal Weight with an unchanged price target of $375, implying 36.5 percent upside. The analyst likes the stock setup in fiscal 2022 “on easier compares.” Twilio shares have approached a “more reasonable” valuation versus faster-growth peers since the Q3 earnings report, and investor concerns on its Q4 are “overly represented in shares,” MacWilliams tells investors in a research note. He continues to view recent deceleration in organic growth as a product of challenging compares rather than an indication of market health. Twilio is a communications platform-as-a-service company that allows software developers to integrate messaging and communications functionality into existing or new applications via application programming interfaces and software development kits. By Anusuya Lahiri © 2021 The Epoch Times. The Epoch Times does not provide investment advice. All rights reserved.