Morgan Stanley lowered the firm’s price target on Five9 (FIVN) to $28 from $48 and keeps an Equal Weight rating on the shares. The firm is adjusting risk/rewards for a large number of software companies as it analyzes tariff risk uncertainty and what has already been priced into shares.
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Read More on FIVN:
- Five9 price target lowered to $42 from $55 at Mizuho
- Five9 price target lowered to $25 from $50 at DA Davidson
- Five9 price target lowered to $36 from $53 at Piper Sandler
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- Five9’s Cautious Outlook Amid Workforce Reductions and Market Expectations