Macquarie Initiates Coverage On Klaviyo with Neutral Rating, Announces Price Target of $36
Portfolio Pulse from Benzinga Newsdesk
Macquarie has initiated coverage on Klaviyo (NYSE:KVYO) with a Neutral rating and set a price target of $36.
October 31, 2024 | 11:38 am
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NEUTRAL IMPACT
Macquarie has initiated coverage on Klaviyo with a Neutral rating and a price target of $36, indicating a balanced view on the stock's potential.
The Neutral rating suggests that Macquarie sees neither significant upside nor downside in Klaviyo's stock price in the short term. The price target of $36 provides a benchmark for investors, but the neutral stance indicates a wait-and-see approach.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100