Piper Sandler Reiterates Overweight on Klaviyo, Maintains $38 Price Target
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brent Bracelin has reiterated an Overweight rating on Klaviyo (NYSE:KVYO) and maintained a price target of $38.
January 24, 2024 | 7:41 pm
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Piper Sandler analyst Brent Bracelin has reiterated an Overweight rating on Klaviyo, indicating a positive outlook, and maintained a price target of $38.
The reiteration of an Overweight rating by a prominent analyst like Brent Bracelin can be seen as a positive endorsement of Klaviyo's stock, potentially influencing investor sentiment and supporting the stock price in the short term. The maintenance of the $38 price target suggests that the analyst's valuation of the company remains unchanged, indicating stability in the company's outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100