Baird lowered the firm’s price target on Five9 (FIVN) to $24 from $30 and keeps an Outperform rating on the shares. The firm updated its model following Q3 results where there was positive AI traction but deceleration is still an overhang.
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Read More on FIVN:
- Five9’s Strong Enterprise Sales and AI Bookings Drive Buy Rating Amidst Stabilized Demand and Share Buyback Plan
- Five9 price target lowered to $26 from $31 at Piper Sandler
- Five9 price target lowered to $29 from $33 at Barclays
- Strong Enterprise AI Performance and Attractive Valuation Drive Buy Rating for Five9
- Five9 Inc. Reports Record Q3 Revenue and Strong AI Growth