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Shares of Klaviyo Inc (NYSE: KVYO) climbed in premarket trading on Monday.
The stock’s 22% underperformance over the past three months offers “a buying opportunity,” especially with several catalysts for 2024 that could unlock equity value, according to Goldman Sachs.
The Klaviyo Analyst: Gabriela Borges upgraded the rating for Klaviyo from Neutral to Buy, while keeping the price target unchanged at $36.
Check out other analyst stock ratings.
The Klaviyo Thesis: Although the stock could remain volatile …
Full story available on Benzinga.com
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