Rosenblatt Maintains Buy on Five9, Lowers Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Catharine Trebnick maintains a Buy rating on Five9 (NASDAQ:FIVN) but lowers the price target from $80 to $70.

August 09, 2024 | 10:06 pm
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Rosenblatt analyst Catharine Trebnick maintains a Buy rating on Five9 but lowers the price target from $80 to $70.
The maintained Buy rating suggests continued confidence in Five9's long-term prospects, but the lowered price target indicates some caution about short-term performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100