Barclays Maintains Overweight on Five9, Lowers Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Ryan Macwilliams maintains an Overweight rating on Five9 (NASDAQ:FIVN) but lowers the price target from $75 to $55.

August 09, 2024 | 1:37 pm
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Barclays analyst Ryan Macwilliams maintains an Overweight rating on Five9 but lowers the price target from $75 to $55.
The lowered price target from $75 to $55 suggests a less optimistic outlook for Five9's stock performance, which could lead to a short-term negative impact on the stock price despite the maintained Overweight rating.
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