Morgan Stanley Maintains Equal-Weight on Five9, Lowers Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Lauren Lieberman has maintained an Equal-Weight rating on Five9 (NASDAQ:FIVN) and lowered the price target from $85 to $80.
October 19, 2023 | 2:32 pm
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Morgan Stanley has maintained an Equal-Weight rating on Five9 and lowered the price target from $85 to $80.
The lowering of the price target by Morgan Stanley could potentially lead to a decrease in the stock price of Five9 in the short term. Investors may interpret this as a sign of decreased confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100