Klaviyo price target raised to $52 from $42 at Mizuho

Mizuho analyst Siti Panigrahi raised the firm’s price target on Klaviyo (KVYO) to $52 from $42 and keeps an Outperform rating on the shares. The company reported a Q4 beat, driven by the strong holiday shopping season and traction in both the mid-market and internationally, the analyst tells investors in a research note. The firm believes Klaviyo’s 2025 revenue growth guide of 23%-24% could be conservative and “set up the company for a beat and raise cadence.”