BTIG Maintains Buy on Five9, Lowers Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
BTIG analyst Matt VanVliet maintains a Buy rating on Five9 (NASDAQ:FIVN) but lowers the price target from $100 to $45.
August 09, 2024 | 5:17 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
BTIG analyst Matt VanVliet maintains a Buy rating on Five9 but significantly lowers the price target from $100 to $45.
The significant reduction in the price target from $100 to $45 suggests a more cautious outlook on Five9's future performance, which could negatively impact investor sentiment in the short term despite the maintained Buy rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100