Northland Capital Markets Maintains Outperform on Five9, Lowers Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Northland Capital Markets analyst Michael Latimore maintains an Outperform rating on Five9 (NASDAQ:FIVN) but lowers the price target from $95 to $50.
August 09, 2024 | 5:31 pm
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Northland Capital Markets analyst Michael Latimore maintains an Outperform rating on Five9 but lowers the price target from $95 to $50.
The lowered price target from $95 to $50 suggests a significant reduction in expected future performance, which could negatively impact investor sentiment in the short term despite the maintained Outperform rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100