Stifel lowered the firm’s price target on Klaviyo (KVYO) to $45 from $54 and keeps a Buy rating on the shares after the company reported “a clean 1Q print” and raised its outlook for the year. The company said that based on customer feedback, guidance reflects some potential economic risk that’s balanced with the strength of the business, the analyst noted.
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Read More on KVYO:
- Klaviyo price target raised to $43 from $37 at Baird
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