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Wajeeh Khan

UNCOVERED: Hsbc just downgraded twilio stock heres why - Caught on Camera

Twilio HSBC TWLO Meta

Twilio (TWLO) stock tumbled on Friday after HSBC downgraded the cloud communications firm, warning that market excitement surrounding Meta Platforms' (META) new artificial intelligence (AI) infrastructure might be misplaced. Analyst Sameer Lam lowered his rating on TWLO to “Reduce” and left his price target unchanged at $211, indicating potential downside of about 25% from current levels.

His bearish call arrives at a time when Twilio shares are in a relentless uptrend, currently trading at about 2x the price at which they started this year.

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