Jefferies Initiates Coverage of Klaviyo (KVYO) Stock
Klaviyo, Inc. (NYSE:KVYO) is one of the Stocks to Buy with Exponential Growth Heading into 2026. On October 22, Jefferies initiated coverage of the company’s stock with a “Buy” rating and a price objective of $32, as reported by The Fly. The firm highlighted that Klaviyo, Inc. (NYSE:KVYO)’s stock sold off significantly in 2025 because of AI concerns, just like its peers. However, the firm opines that the risk is more than priced in at the current valuation. Despite AI overhang taking time, the risk/reward ...