Piper Sandler Maintains Overweight on Five9, Raises Price Target to $86
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst James Fish has maintained an Overweight rating on Five9 (NASDAQ:FIVN) and increased the price target from $84 to $86.
January 12, 2024 | 3:48 pm
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Piper Sandler's analyst James Fish reaffirmed an Overweight rating on Five9 and raised the price target to $86, indicating a positive outlook on the stock.
The increase in price target by Piper Sandler suggests a bullish view on Five9's future performance. This could lead to increased investor confidence and a potential short-term rise in the stock price, as market participants often react positively to analyst upgrades and higher price targets.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100