Needham Reiterates Buy on Five9, Maintains $90 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Scott Berg reiterated a Buy rating on Five9 (NASDAQ:FIVN) and maintained a $90 price target.

February 22, 2024 | 11:36 am
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Needham analyst Scott Berg reiterated a Buy rating on Five9 and maintained a $90 price target.
The reiteration of a Buy rating and maintenance of a $90 price target by a reputable analyst like Scott Berg from Needham is likely to instill confidence among investors and could positively influence Five9's stock price in the short term. Analyst ratings, especially from well-regarded financial institutions, often have a significant impact on investor sentiment and can lead to price movements.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100