Klaviyo Announces Third Quarter 2024 Financial Results
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Klaviyo Inc (KVYO) PT Raised to $47 at Cantor Fitzgerald
November 7, 2024 6:35 AM ESTCantor Fitzgerald analyst Brett Knoblauch raised the price target on Klaviyo Inc (NYSE: KVYO) to $47.00 (from $33.00) while maintaining a Overweight rating.
The analyst comments "This afternoon, KVYO yet again reported a quarter that exceeded consensus (FactSet) expectations on both revenue and adjusted operating income, by 3.9% and 42.8%, respectively. KVYO delivered 33.7% revenue growth and FCF margins of 14.6%, making it one of the few Rule of 50 companies. Total customers increased... More
