Keybanc Maintains Overweight on Five9, Lowers Price Target to $86
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Thomas Blakey maintains an Overweight rating on Five9 (NASDAQ:FIVN) but lowers the price target from $93 to $86.

February 22, 2024 | 7:31 pm
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NEUTRAL IMPACT
Keybanc maintains an Overweight rating on Five9 but lowers the price target from $93 to $86.
While the reduction in price target could suggest a tempered outlook on the stock's short-term price performance, the maintenance of an Overweight rating indicates continued confidence in the company's fundamentals. This mixed signal could lead to neutral short-term price movement as investors digest both the positive and negative aspects of the analyst's view.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100