Morgan Stanley Maintains Equal-Weight on Klaviyo, Lowers Price Target to $32
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Morgan Stanley analyst Elizabeth Porter maintains an Equal-Weight rating on Klaviyo (NYSE:KVYO) and lowers the price target from $37 to $32.
April 17, 2024 | 4:45 pm
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Morgan Stanley maintains an Equal-Weight rating on Klaviyo and lowers the price target from $37 to $32.
The reduction in price target by Morgan Stanley suggests a bearish outlook on Klaviyo's short-term price potential, likely due to revised earnings expectations or market conditions. This adjustment could lead to a negative perception among investors, potentially impacting the stock's short-term performance.
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