Klaviyo shares are trading higher after Barclays upgraded the stock from Equal-Weight to Overweight and raised its price target from $25 to $29.
Portfolio Pulse from Benzinga Newsdesk
Klaviyo shares are trading higher following an upgrade from Barclays, which raised the stock rating from Equal-Weight to Overweight and increased the price target from $25 to $29.
June 12, 2024 | 12:31 pm
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POSITIVE IMPACT
Barclays upgraded Klaviyo from Equal-Weight to Overweight and raised the price target from $25 to $29, leading to a rise in the stock price.
The upgrade from Barclays and the increased price target are strong positive signals for investors, likely leading to increased buying activity and a rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100