Keybanc Maintains Overweight on Five9, Lowers Price Target to $86
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Thomas Blakey has maintained an Overweight rating on Five9 (NASDAQ:FIVN) but lowered the price target from $104 to $86.

November 03, 2023 | 11:12 am
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Five9's price target has been lowered from $104 to $86 by Keybanc, though the Overweight rating is maintained.
The lowering of the price target by Keybanc indicates a potential decrease in the stock's value. However, the maintained Overweight rating suggests that the stock is still expected to outperform. This mixed signal could lead to short-term uncertainty and potential downward pressure on the stock price.
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