This Twilio Analyst Is No Longer Bearish; Here Are Top 5 Upgrades For Monday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

• Morgan Stanley analyst Vikram Purohit upgraded the rating for Ascendis Pharma A/S (NASDAQ:ASND) from Equal-Weight to Overweight and raised the price target from $180 to $250. Ascendis Pharma shares closed at $172.06 on Friday. See how other analysts view this stock.
• Canaccord Genuity analyst Brian McNamara upgraded Worthington Enterprises, Inc. (NYSE:WOR) from Hold to Buy and boosted the price target from $54 to $67. Worthington Enterprises shares closed at $51.99 on Friday. See how other analysts view this stock.
• HSBC analyst Stephen Bersey upgraded Twilio Inc. (NYSE:TWLO) from Reduce to Hold and raised the price target from $77 to $99. Twilio shares closed at $100.11 on Friday. See how other analysts view this stock.
• JP Morgan analyst John Ivankoe upgraded the rating for The Wendy’s Company (NASDAQ:WEN) from Neutral to Overweight but lowered the price target from $17 to $15. Wendy’s shares closed at $12.55 on Friday. See how other analysts view this stock.
• Seaport Global analyst Aaron Kessler upgraded Reddit, Inc. (NYSE:RDDT) from Neutral to Buy and announced a $165 price target. Reddit shares closed at $113.83 on Friday. See how other analysts view this stock.

Considering buying TWLO stock? Here’s what analysts think:

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