Wells Fargo Remains a Buy on Klaviyo, Inc. Class A (KVYO)
Wells Fargo analyst maintained a Buy rating on Klaviyo, Inc. Class A yesterday and set a price target of $40.00. The company’s shares closed yesterday at $29.42.
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Currently, the analyst consensus on Klaviyo, Inc. Class A is a Strong Buy with an average price target of $42.50, implying a 44.46% upside from current levels. In a report released yesterday, BTIG also initiated coverage with a Buy rating on the stock with a $40.00 price target.
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
Read More on KVYO:
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- Klaviyo initiated with a Buy at BTIG
- Klaviyo’s Strategic Leadership and Growth Potential: A Buy Rating Backed by Strong Market Position and Attractive Valuation
- Klaviyo Appoints Chano Fernández as Co-CEO
- Klaviyo appoints Chano Fernandez co-CEO
- Klaviyo’s Strategic Growth and AI-Driven Opportunities Support Buy Rating
