15 Trending AI Stocks on Latest Analyst Ratings and News

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10. Twilio Inc. (NYSE:TWLO)

Number of Hedge Fund Holders: 54

Twilio Inc. (NYSE:TWLO) is a leading cloud communications platform-as-a-service (CPaaS) company offering customer engagement platform solutions. Its all-in-one platform combines powerful channel APIs with AI and data, helping them serve each customer uniquely.

On October 31, Barclays raised the firm’s price target on Twilio Inc. (NYSE:TWLO) to $80 from $65 and kept an “Equal Weight” rating on the shares following the Q3 report. The recent upgrade highlights confidence in the company’s potential in Artificial Intelligence for improving communication solutions. AI-driven communication solutions will help increase usage as customers build Rich Communication Services (RCS) or voice AI applications using Twilio’s APIs, likely to drive greater volume for the company. Even the CEO of Twilio Inc. (NYSE:TWLO) is hopeful of the role of AI in driving better customer experiences:

“Twilio is uniquely positioned to bring the power of communications, plus contextual data, plus AI together to drive better customer experiences. Our continued product innovation and the outsized outcomes that we are delivering for customers illustrates our ability to be a winner in the age of AI.”

-Khozema Shipchandler, CEO of Twilio

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