Morgan Stanley Maintains Equal-Weight on Five9, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Lauren Lieberman has maintained an Equal-Weight rating on Five9 (NASDAQ:FIVN) and raised the price target from $75 to $85.
July 19, 2023 | 2:52 pm
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Morgan Stanley has maintained an Equal-Weight rating on Five9 and raised the price target from $75 to $85, which could potentially lead to an increase in the stock's price.
The increase in price target by a reputable financial institution like Morgan Stanley indicates a positive outlook for the company. This could potentially lead to an increase in the stock's price as it signals to investors that the stock is undervalued at its current price.
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