Barclays lowered the firm’s price target on Five9 (FIVN) to $29 from $33 and keeps an Overweight rating on the shares. The firm says that while the company is posting lower growth, the stock’s valuation levels “are getting very low.”
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Read More on FIVN:
- Strong Enterprise AI Performance and Attractive Valuation Drive Buy Rating for Five9
- Five9 Inc. Reports Record Q3 Revenue and Strong AI Growth
- Five9 Announces Record Revenue and Share Buyback
- Five9 reports Q3 adjusted EPS 78c, consensus 73c
- Five9 sees Q4 adjusted EPS 76c-80c, consensus 78c
