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LivePerson (NASDAQ:LPSN) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research note issued to investors on Tuesday. They currently have a $11.50 price target on the stock. Zacks‘s price target points to a potential upside of 13.64% from the company’s current price.

Several other analysts have also recently commented on the stock. Analysts at Wedbush cut their price target on shares of LivePerson from $14.00 to $10.00 in a research note on Friday, May 9th. Analysts at Maxim Group cut their price target on shares of LivePerson from $18.00 to $16.00 in a research note on Thursday, May 8th. They now have a “buy” rating on the stock. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $12.60.

Shares of LivePerson (NASDAQ:LPSN) traded down 3.36% on Tuesday, hitting $9.77. 256,173 shares of the company’s stock traded hands. LivePerson has a 52 week low of $8.84 and a 52 week high of $15.24. The stock has a 50-day moving average of $9.66 and a 200-day moving average of $11.72. The company’s market cap is $529.5 million.

LivePerson (NASDAQ:LPSN) last released its earnings data on Wednesday, May 7th. The company reported $0.05 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.05. The company had revenue of $47.80 million for the quarter, compared to the consensus estimate of $47.14 million. During the same quarter last year, the company posted $0.06 earnings per share. LivePerson’s revenue was up 13.3% compared to the same quarter last year. Analysts expect that LivePerson will post $0.23 EPS for the current fiscal year.

LivePerson, Inc (NASDAQ:LPSN) is a provider of online engagement solutions offering a cloud-based platform, which enables businesses to proactively connect with consumers through chat, voice, and content delivery, across multiple channels and screens, including websites, social media, and mobile devices.

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