Klaviyo price target raised to $45 from $42 at Baird

Baird analyst Rob Oliver raised the firm’s price target on Klaviyo (KVYO) to $45 from $42 and keeps an Outperform rating on the shares. The firm said they reported a strong Q3 2024, featuring another sizable top-line beat. Company continues to see momentum driven by up-market motion and international expansion/growth.