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Canaccord Genuity Remains a Buy on Klaviyo, Inc. Class A (KVYO)

Tipranks - Tipranks - Tue Feb 10, 9:38AM CST

In a report released on February 6, David Hynes from Canaccord Genuity maintained a Buy rating on Klaviyo, Inc. Class A, with a price target of $26.88.

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According to TipRanks, Hynes is an analyst with an average return of -13.2% and a 32.26% success rate. Hynes covers the Technology sector, focusing on stocks such as ServiceNow, Upland Software, and Atlassian.

In addition to Canaccord Genuity, Klaviyo, Inc. Class A also received a Buy from Benchmark Co.’s Mark Zgutowicz in a report issued today. However, on February 4, TipRanks – xAI reiterated a Hold rating on Klaviyo, Inc. Class A (NYSE: KVYO).

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Based on Klaviyo, Inc. Class A’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $310.88 million and a GAAP net loss of $426 thousand. In comparison, last year the company earned a revenue of $235.09 million and had a GAAP net loss of $1.35 million

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