DA Davidson Initiates Coverage On Five9 with Neutral Rating, Announces Price Target of $75
Portfolio Pulse from richadhand@benzinga.com
DA Davidson analyst Gil Luria initiates coverage on Five9 (NASDAQ:FIVN) with a Neutral rating and announces a price target of $75.
June 08, 2023 | 8:26 am
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DA Davidson analyst Gil Luria initiates coverage on Five9 with a Neutral rating and a price target of $75.
The initiation of coverage by DA Davidson with a Neutral rating and a price target of $75 for Five9 may not have a significant short-term impact on the stock price. The Neutral rating suggests that the analyst believes the stock is fairly valued and may not experience significant price movement in the short term. However, the coverage initiation itself could bring more attention to the stock and potentially influence investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100