Deutsche Bank Upgrades Five9 to Buy, Raises Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Matthew Niknam has upgraded Five9 (NASDAQ:FIVN) from Hold to Buy and raised the price target from $75 to $80.
September 21, 2023 | 8:59 am
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Five9's stock has been upgraded to Buy from Hold by Deutsche Bank, with a raised price target of $80, up from $75.
The upgrade from Hold to Buy indicates that Deutsche Bank sees potential for the stock's price to increase. The raised price target from $75 to $80 also suggests that the bank expects the stock to perform well in the short term. This could lead to increased investor interest and a potential rise in the stock's price.
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IMPORTANCE 80
RELEVANCE 100