- DA Davidson initiates Twilio (NYSE:TWLO) with a Buy rating and a $99 price target.
- Twilio shares are up 1.5% to $80.75. Shares are up 42% this quarter and 237% YTD.
- The firm also initiates MongoDB (NASDAQ:MDB) at Neutral with an $80 target.
- MDB shares are up 0.04% to $76.14, a slight rebound after yesterday’s Nomura downgrade. Shares are up 51.5% this quarter and 156% YTD.
- Source: StreetAccount.
- Previously: Recent tech IPOs drop after MongoDB downgrade (Oct. 2)