Canaccord Genuity Initiates Coverage On Klaviyo with Buy Rating, Announces Price Target of $37
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst David Hynes has initiated coverage on Klaviyo (NYSE:KVYO) with a Buy rating and a price target of $37.
October 16, 2023 | 3:35 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Canaccord Genuity has initiated coverage on Klaviyo with a Buy rating and a price target of $37, which could positively impact the stock's performance.
Analyst ratings and price targets can significantly influence a stock's performance. A Buy rating suggests that the analyst believes the stock will outperform the market, which could attract investors and drive up the stock price. The price target of $37 also indicates the analyst's confidence in the stock's potential, which could further boost investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100