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Klaviyo price target raised to $53 from $50 at Piper Sandler

Klaviyo price target raised to $53 from $50 at Piper Sandler

Piper Sandler analyst Brent Bracelin raised the firm’s price target on Klaviyo (KVYO) to $53 from $50 and keeps an Overweight rating on the shares. The firm remains encouraged by another quarter of solid execution underpinned by continued upmarket traction and international momentum.

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