Baird raised the firm’s price target on Klaviyo (KVYO) to $43 from $37 and keeps an Outperform rating on the shares. The firm updated its model following strong Q1 results as its customer engagement drove customer retention.
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Read More on KVYO:
- Klaviyo price target raised to $44 from $43 at Benchmark
- Klaviyo price target raised to $40 from $35 at Piper Sandler
- Klaviyo, Inc.: Strong Performance and Growth Potential Justify Buy Rating
- Klaviyo price target lowered to $45 from $50 at Canaccord
- Klaviyo’s Strong Q1 Performance and Growth Prospects Tempered by Macro Risks: Hold Rating Maintained