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Analysts Offer Insights on Technology Companies: VTEX (VTEX), Klaviyo, Inc. Class A (KVYO) and Nerdy (NRDY)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on VTEX (VTEXResearch Report), Klaviyo, Inc. Class A (KVYOResearch Report) and Nerdy (NRDYResearch Report) with bullish sentiments.

VTEX (VTEX)

Bank of America Securities analyst Fred Mendes reiterated a Buy rating on VTEX yesterday and set a price target of $13.00. The company’s shares closed last Tuesday at $7.73, close to its 52-week high of $8.38.

Mendes has an average return of 57.2% when recommending VTEX.

According to TipRanks.com, Mendes is ranked #628 out of 8750 analysts.

VTEX has an analyst consensus of Moderate Buy, with a price target consensus of $9.38, which is a 26.6% upside from current levels. In a report released today, Piper Sandler also assigned a Buy rating to the stock with a $10.00 price target.

See today’s best-performing stocks on TipRanks >>

Klaviyo, Inc. Class A (KVYO)

In a report released yesterday, David Hynes from Canaccord Genuity maintained a Buy rating on Klaviyo, Inc. Class A, with a price target of $37.00. The company’s shares closed last Tuesday at $29.08.

According to TipRanks.com, Hynes is a 5-star analyst with an average return of 11.9% and a 57.1% success rate. Hynes covers the Technology sector, focusing on stocks such as Zeta Global Holdings Corp, Procore Technologies, and BigCommerce Holdings.

Currently, the analyst consensus on Klaviyo, Inc. Class A is a Strong Buy with an average price target of $36.21, which is a 24.1% upside from current levels. In a report released today, Needham also maintained a Buy rating on the stock with a $40.00 price target.

Nerdy (NRDY)

Canaccord Genuity analyst Maria Ripps maintained a Buy rating on Nerdy yesterday and set a price target of $5.00. The company’s shares closed last Tuesday at $3.05.

According to TipRanks.com, Ripps is a 5-star analyst with an average return of 22.0% and a 45.9% success rate. Ripps covers the NA sector, focusing on stocks such as Spotify Technology SA, Zillow Group Class A, and Alphabet Class A.

Nerdy has an analyst consensus of Moderate Buy, with a price target consensus of $4.38, implying a 41.7% upside from current levels. In a report released today, JMP Securities also maintained a Buy rating on the stock with a $5.00 price target.

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