Deutsche Bank Maintains Buy Rating for Five9: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Deutsche Bank has reaffirmed its Buy rating on Five9 (NASDAQ: FIVN) and increased its price target from $85.00 to $90.00. Five9's stock is currently trading at $82.84, and the new price target suggests an 8.64% upside potential. Five9 provides cloud-native contact center software and a range of services including digital self-service and workforce optimization.
December 15, 2023 | 5:00 pm
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Deutsche Bank maintains a Buy rating on Five9 and raises the price target to $90, suggesting a potential 8.64% increase from the current price.
The reaffirmation of a Buy rating and an increased price target by a reputable financial institution like Deutsche Bank can lead to positive investor sentiment and potentially drive the stock price up in the short term. The specific mention of the new price target provides a clear upside potential that investors may find attractive.
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IMPORTANCE 80
RELEVANCE 100