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Klaviyo price target raised to $38 from $35 at Barclays

Barclays raised the firm’s price target on Klaviyo (KVYO) to $38 from $35 and keeps an Overweight rating on the shares. The company’s Q1 report should support investor confidence in its medium-term outlook, the analyst tells investors in a research note. Klaviyo continues to invest in its long-term opportunity, says the firm.

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