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Analysts Are Bullish on These Technology Stocks: Klaviyo, Inc. Class A (KVYO), Trimble (TRMB)

Tipranks - Sun May 10, 2:20PM CDT

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

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Klaviyo, Inc. Class A (KVYO)

Jefferies analyst Samad Samana maintained a Buy rating on Klaviyo, Inc. Class A today and set a price target of $25.00. The company’s shares closed last Friday at $15.21.

According to TipRanks.com, Samana is a 1-star analyst with an average return of -1.1% and a 42.6% success rate. Samana covers the Technology sector, focusing on stocks such as CCC Intelligent Solutions Holdings, Automatic Data Processing, and Navan, Inc. Class A. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Klaviyo, Inc. Class A with a $31.11 average price target, implying a 100.3% upside from current levels. In a report issued on April 29, Morgan Stanley also resumed coverage with a Buy rating on the stock with a $34.00 price target.

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Trimble (TRMB)

In a report released yesterday, Jerry Revich from Wells Fargo maintained a Buy rating on Trimble, with a price target of $70.00. The company’s shares closed last Friday at $60.80.

According to TipRanks.com, Revich is a 5-star analyst with an average return of 8.9% and a 57.1% success rate. Revich covers the Industrial Goods sector, focusing on stocks such as Westinghouse Air Brake Technologies, EquipmentShare.com, Inc., and Republic Services. ;'>

Currently, the analyst consensus on Trimble is a Strong Buy with an average price target of $89.00, implying a 44.4% upside from current levels. In a report issued on May 6, TipRanks – PerPlexity also upgraded the stock to Buy with a $77.00 price target.

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