Five9 price target raised to $57 from $46 at Cantor Fitzgerald

Cantor Fitzgerald raised the firm’s price target on Five9 (FIVN) to $57 from $46 and keeps an Overweight rating on the shares. Give9 reported strong Q4 results with top-line growth accelerating, driven by momentum in large deals and bookings growing sequentially, the analyst tells investors in a research note. Top-line guidance for calendar 2025 implies just over 9%, and embeds prudent conservatism but also headwinds from the ramp of the final stages of the multi-year mega deal in healthcare contact in calendar 2024, the firm says.