Morgan Stanley lowered the firm’s price target on Klaviyo (KVYO) to $34 from $50 and keeps an Equal Weight rating on the shares. The firm is adjusting risk/rewards for a large number of software companies as it analyzes tariff risk uncertainty and what has already been priced into shares.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KVYO:
- Klaviyo price target lowered to $40 from $55 at Truist
- Klaviyo price target lowered to $40 from $52 at Mizuho
- Klaviyo named Best Idea, initiated with Overweight at Stephens
- Klaviyo new products can expand total addressable market, says TD Cowen
- Klaviyo, Inc.: Promising Growth Prospects and Strategic Initiatives Drive Buy Rating