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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100