Klaviyo stock could have even more room to run despite a strong postearnings surge this week, according to Citigroup. Citigroup upgraded shares of the marketing automation platform firm to buy from neutral on Thursday, and raised its price target to $50 per share from $40. The firm's forecast implies nearly 42% upside from Wednesday's $35.31 close. Shares have advanced nearly 19% so far this week alone. Second-quarter earnings and revenue surpassed analysts' estimates on Wednesday, and Klaviyo issued a rosy outlook for the current quarter. KVYO 1D mountain Klaviyo stock has soared this week. "Though shares traded up 15% on Wednesday, we see further upside ahead for KVYO with the Shopify ecosystem surging, incremental reassurance on de minimis/tariffs, an AI product cycle call option and ca
Marketing stock has room to run after strong earnings, says Citigroup

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