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Analysts Offer Insights on Technology Companies: IonQ (IONQ) and Klaviyo, Inc. Class A (KVYO)

Tipranks - Tue Mar 3, 9:56AM CST

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on IonQ (IONQResearch Report) and Klaviyo, Inc. Class A (KVYOResearch Report) with bullish sentiments.

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IonQ (IONQ)

Craig-Hallum analyst Richard Shannon maintained a Buy rating on IonQ today. The company’s shares closed last Monday at $38.16.

According to TipRanks.com, Shannon is a top 100 analyst with an average return of 62.3% and a 54.2% success rate. Shannon covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Credo Technology Group Holding Ltd, and Lightpath Technologies. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for IonQ with a $64.40 average price target, which is a 76.8% upside from current levels. In a report issued on February 26, Needham also maintained a Buy rating on the stock with a $65.00 price target.

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Klaviyo, Inc. Class A (KVYO)

William Blair analyst Arjun Bhatia reiterated a Buy rating on Klaviyo, Inc. Class A today. The company’s shares closed last Monday at $18.23.

According to TipRanks.com, Bhatia is ranked 0 out of 5 stars with an average return of -6.5% and a 37.7% success rate. Bhatia covers the Technology sector, focusing on stocks such as Zeta Global Holdings Corp, Zoom Video Communications, and DoubleVerify Holdings. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Klaviyo, Inc. Class A with a $34.11 average price target, a 90.2% upside from current levels. In a report issued on February 19, TipRanks – Google also reiterated a Buy rating on the stock with a $20.50 price target.

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