Twilio has improved cross-selling efforts and is showing greater confidence in operating margin outperformance.

Twilio Inc. (TWLO) gained nearly 4% in Monday’s regular session after analysts at Morgan Stanley upgraded the stock’s rating and hiked their price target. In a recent research note, Morgan Stanley upgraded the Twilio stock to ‘Overweight’ from ‘Equal Weight,

Twilio (NYSE:TWLO) was in the spotlight on Monday as Morgan Stanley upgraded the communications software maker, citing improving execution. Shares rose 3.5% in premarket trading. “We are increasingly confident in crediting TWLO's execution toward double-digit growth and operating margin outperformance on back of increased cross-sell,