Goldman Sachs Initiates Coverage On Klaviyo with Neutral Rating, Announces Price Target of $36
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Gabriela Borges has initiated coverage on Klaviyo (NYSE:KVYO) with a Neutral rating and a price target of $36.

October 16, 2023 | 8:36 am
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NEUTRAL IMPACT
Goldman Sachs has initiated coverage on Klaviyo with a Neutral rating and a price target of $36.
The initiation of coverage by Goldman Sachs, a major investment bank, is a significant event for Klaviyo. The Neutral rating suggests that Goldman Sachs does not expect the stock to outperform the market in the short term. The price target of $36 provides a reference point for investors, but it does not necessarily imply a strong upside or downside.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100