Baird lowered the firm’s price target on Klaviyo (KVYO) to $39 from $44 and keeps an Outperform rating on the shares. The firm said the company’s revenue target ommission at its analyst day drives their concern for the shares.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% 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, Inc.: Promising Growth Prospects and Strategic Expansion Justify Buy Rating
- Klaviyo price target lowered to $43 from $45 at Stephens
- Klaviyo, Inc. Positioned for Significant Growth with Innovative Strategies and Gen AI Adoption
- Klaviyo price target lowered to $50 from $55 at Piper Sandler
- Klaviyo, Inc.: Strong Long-Term Growth Potential Amid Strategic AI Focus and Market Expansion