LivePerson Rating Increased to Buy at Craig Hallum (LPSN)
A number of other firms have also recently commented on LPSN. Analysts at Credit Suisse upgraded shares of LivePerson from an “underperform” rating to a “neutral” rating in a research note on Thursday. Separately, analysts at Zacks downgraded shares of LivePerson from an “outperform” rating to a “neutral” rating in a research note on Tuesday, July 8th. They now have a $11.50 price target on the stock. Finally, analysts at Zacks upgraded shares of LivePerson from a “neutral” rating to an “outperform” rating in a research note on Friday, May 16th. They now have a $10.50 price target on the stock. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $12.60.
Shares of LivePerson (NASDAQ:LPSN) opened at 11.965 on Thursday. LivePerson has a 52-week low of $8.84 and a 52-week high of $15.24. The stock’s 50-day moving average is $9.77 and its 200-day moving average is $11.2. The company’s market cap is $648.5 million.
LivePerson (NASDAQ:LPSN) last announced its earnings results on Wednesday, July 30th. The company reported $0.06 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.05 by $0.01. The company had revenue of $51.10 million for the quarter, compared to the consensus estimate of $49.50 million. During the same quarter in the prior year, the company posted $0.03 earnings per share. The company’s quarterly revenue was up 13.1% on a year-over-year basis. On average, analysts predict that LivePerson will post $0.23 earnings per share 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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