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Analysts Are Bullish on These Technology Stocks: Klaviyo, Inc. Class A (KVYO), Beam Global (BEEM)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Klaviyo, Inc. Class A (KVYOResearch Report) and Beam Global (BEEMResearch Report) with bullish sentiments.

Klaviyo, Inc. Class A (KVYO)

Canaccord Genuity analyst David Hynes maintained a Buy rating on Klaviyo, Inc. Class A yesterday and set a price target of $37.00. The company’s shares closed last Thursday at $22.79, close to its 52-week low of $22.71.

According to TipRanks.com, Hynes is a 5-star analyst with an average return of 9.8% and a 55.1% success rate. Hynes covers the Technology sector, focusing on stocks such as Zeta Global Holdings Corp, Procore Technologies, and BigCommerce Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Klaviyo, Inc. Class A with a $35.34 average price target, a 50.3% upside from current levels. In a report issued on April 16, Cantor Fitzgerald also initiated coverage with a Buy rating on the stock with a $31.00 price target.

See the top stocks recommended by analysts >>

Beam Global (BEEM)

In a report released yesterday, Tate Sullivan from Maxim Group maintained a Buy rating on Beam Global. The company’s shares closed last Thursday at $6.40, close to its 52-week low of $5.00.

According to TipRanks.com, Sullivan is a 5-star analyst with an average return of 11.5% and a 46.2% success rate. Sullivan covers the Industrial Goods sector, focusing on stocks such as Performance Shipping, Exro Technologies, and Seanergy Maritime.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Beam Global with a $30.00 average price target, which is a 357.3% upside from current levels. In a report released yesterday, H.C. Wainwright also maintained a Buy rating on the stock with a $30.00 price target.

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