Deutsche Bank Maintains Buy on Five9, Raises Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Matthew Niknam has maintained a Buy rating on Five9 (NASDAQ:FIVN) and increased the price target from $85 to $90.
December 15, 2023 | 10:36 am
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Deutsche Bank analyst Matthew Niknam has reaffirmed a Buy rating on Five9 and raised the price target from $85 to $90, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Matthew Niknam from Deutsche Bank typically signals a strong conviction in the company's future performance and can lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100