TD Cowen Initiates Coverage On Klaviyo with Outperform Rating, Announces Price Target of $42
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Derrick Wood has initiated coverage on Klaviyo (NYSE:KVYO) with an Outperform rating and a price target of $42.
October 16, 2023 | 3:29 pm
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Klaviyo has been given an Outperform rating and a price target of $42 by TD Cowen, which could positively impact its stock price.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. An Outperform rating suggests that the analyst expects the stock to do better than the market average. This, combined with a price target of $42, indicates a positive outlook for Klaviyo, which could lead to an increase in its stock price.
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IMPORTANCE 80
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