Needham Reiterates Buy on Klaviyo, Maintains $40 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Scott Berg has reiterated a Buy rating on Klaviyo (NYSE:KVYO) and maintained a $40 price target on the stock.
May 09, 2024 | 5:32 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Needham analyst Scott Berg reiterates a Buy rating on Klaviyo, maintaining a $40 price target.
The reiteration of a Buy rating and maintenance of a $40 price target by a reputable analyst like Scott Berg from Needham could instill confidence among investors and potentially drive positive sentiment towards KVYO's stock in the short term. Analyst ratings, especially from well-regarded financial institutions, can significantly influence investor perception and stock price movements.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100