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Bernstein Sticks to Their Buy Rating for Klaviyo, Inc. Class A (KVYO)

Tipranks - Tipranks - Wed Apr 22, 3:38PM CDT

In a report released yesterday, Bob Brackett from Bernstein maintained a Buy rating on Klaviyo, Inc. Class A. The company’s shares closed today at $20.06.

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According to TipRanks, Brackett is a 5-star analyst with an average return of 19.2% and a 61.26% success rate. Brackett covers the Energy sector, focusing on stocks such as Exxon Mobil, EQT, and Conocophillips.

Klaviyo, Inc. Class A has an analyst consensus of Strong Buy, with a price target consensus of $33.65, which is a 67.75% upside from current levels. In a report released on April 15, Cantor Fitzgerald also maintained a Buy rating on the stock with a $28.00 price target.

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Based on Klaviyo, Inc. Class A’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $350.2 million and a net profit of $7.03 million. In comparison, last year the company earned a revenue of $270.16 million and had a GAAP net loss of $26.97 million

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