Cloud Stock Eyeing Its Best Day Since 2020

Cloud stock Twilio Inc (NYSE:TWLO) is skyrocketing to two-year highs today, up 22.4% at $138.77 at last glance. The company issued a strong revenue forecast at yesterday's investor event, drawing an upgrade to "outperform" from "neutral" at Baird. A flood of other analysts chimed in with price-target hikes as well, including Oppenheimer to $160 from $90. Shooting past recent pressure at the $117 level, TWLO is on track for its best single-day percentage gain since May 2020. Year over year, the equity is up ...