RBC Capital analyst Rishi Jaluria maintained a Buy rating on Five9 (FIVN – Research Report) today and set a price target of $80.00. The company’s shares closed yesterday at $56.73.
According to TipRanks, Jaluria is a 4-star analyst with an average return of 2.7% and a 50.32% success rate. Jaluria covers the Technology sector, focusing on stocks such as Palantir Technologies, Pegasystems, and Salesforce.
In addition to RBC Capital, Five9 also received a Buy from William Blair’s Arjun Bhatia in a report issued today. However, on the same day, Jefferies maintained a Hold rating on Five9 (NASDAQ: FIVN).
The company has a one-year high of $92.40 and a one-year low of $51.01. Currently, Five9 has an average volume of 1.45M.
Based on the recent corporate insider activity of 64 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FIVN in relation to earlier this year.
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Five9 (FIVN) Company Description:
Five9, Inc. engages in the provision of cloud software for contact centers. It specializes in omnichannel routing, analytics, workforce organization, and reporting. The company was founded in December 2001 and is headquartered in San Ramon, CA.
