Wells Fargo Maintains Overweight on Five9, Lowers Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Turrin maintains an Overweight rating on Five9 (NASDAQ:FIVN) but lowers the price target from $80 to $65.
August 09, 2024 | 4:12 pm
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Wells Fargo analyst Michael Turrin maintains an Overweight rating on Five9 but lowers the price target from $80 to $65.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some concerns about future performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100