Liveperson (LPSN) Receives a Sell from Barclays

In a report released today, Ryan MacWilliams from Barclays maintained a Sell rating on Liveperson (LPSN – Research Report), with a price target of $0.75. The company’s shares closed yesterday at $0.66.

According to TipRanks, MacWilliams is a 5-star analyst with an average return of 15.0% and a 58.99% success rate. MacWilliams covers the Technology sector, focusing on stocks such as Atlassian, Liveperson, and Five9.

Liveperson has an analyst consensus of Hold, with a price target consensus of $1.21.

Based on Liveperson’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $85.15 million and a GAAP net loss of $35.63 million. In comparison, last year the company earned a revenue of $107.66 million and had a GAAP net loss of $17.42 million

Based on the recent corporate insider activity of 26 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of LPSN in relation to earlier this year.

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Liveperson (LPSN) Company Description:

LivePerson, Inc. engages in the provision of mobile and online messaging solutions. It operates through Business and Consumer segments. The Business segment enables brands to leverage intelligence engine to connect with consumers through an integrated suite of mobile and online business messaging technologies. The Consumer segment involves in facilitating online transactions between independent service providers and individual consumers seeking information and knowledge for a fee via mobile and online messaging. The company was founded by Robert P. LoCascio on November 29, 1995 and is headquartered in New York, NY.