Mizuho Maintains Neutral on LivePerson, Lowers Price Target to $0.5
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Siti Panigrahi maintains a Neutral rating on LivePerson (NASDAQ:LPSN) and lowers the price target from $2 to $0.5.
May 13, 2024 | 1:45 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Mizuho analyst Siti Panigrahi maintains a Neutral rating on LivePerson but significantly reduces the price target from $2 to $0.5, indicating a bearish outlook on the stock's short-term price potential.
The reduction in price target from $2 to $0.5 by a Mizuho analyst reflects a significant downgrade in the expected performance of LivePerson's stock. This adjustment suggests that the analyst sees substantial downside risk or lower growth prospects for the company, which could negatively impact investor sentiment and the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100