Barclays Upgrades Klaviyo to Overweight, Raises Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow has upgraded Klaviyo (NYSE:KVYO) from Equal-Weight to Overweight and raised the price target from $25 to $29.
June 12, 2024 | 9:52 am
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Barclays analyst Raimo Lenschow has upgraded Klaviyo from Equal-Weight to Overweight and raised the price target from $25 to $29.
The upgrade from Equal-Weight to Overweight and the increase in the price target from $25 to $29 by Barclays is a positive signal for investors. This suggests increased confidence in Klaviyo's future performance, likely leading to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100