Canaccord raised the firm’s price target on Klaviyo (KVYO) to $50 from $40 and keeps a Buy rating on the shares. The firm said they delivered upside Q4 results and guided for 2025 growth ahead of Street expectations, while still leaving plenty of room for upside. Although the shares feel a bit expensive with the recent rally this is a firm that’s clearly executing well and has multiple drivers of growth.
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