
Reasons why Klaviyo (KVYO) is strongly favored by hedge funds

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Klaviyo Inc. (NYSE:KVYO) is highly regarded by hedge funds as a top software application stock. On January 15, Elizabeth Porter from Morgan Stanley reaffirmed an Overweight rating for Klaviyo, adjusting the target price from $46 to $42. Porter suggests that SaaS companies may yield lower returns in 2025 compared to previous years.

