Wells Fargo Maintains Overweight on Five9, Raises Price Target to $95
Portfolio Pulse from jenniferd'souza@benzinga.com
Wells Fargo analyst Michael Turrin has maintained an 'Overweight' rating on Five9 (NASDAQ:FIVN) and raised the price target from $90 to $95.
August 08, 2023 | 1:50 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Wells Fargo has maintained an 'Overweight' rating on Five9 and raised the price target from $90 to $95, indicating a positive outlook for the stock.
The 'Overweight' rating maintained by Wells Fargo indicates that the firm believes Five9's stock will outperform the market in the future. The increase in the price target from $90 to $95 suggests that the firm sees potential for the stock's price to increase. This is likely to have a positive impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100