LivePerson Given Average Rating of “Hold” by Analysts (NASDAQ:LPSN)
LivePerson (NASDAQ:LPSN) has received an average recommendation of “Hold” from the eight ratings firms that are presently covering the company, Analyst RN reports. Four analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $13.00.
A number of research firms have recently commented on LPSN. Analysts at Craig Hallum upgraded shares of LivePerson from a “hold” rating to a “buy” rating in a research note on Thursday, July 31st. They now have a $15.00 price target on the stock, up previously from $12.00. Separately, analysts at Credit Suisse upgraded shares of LivePerson from an “underperform” rating to a “neutral” rating in a research note on Thursday, July 31st. Finally, 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.
LivePerson (NASDAQ:LPSN) opened at 12.51 on Friday. 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 $10.0 and its 200-day moving average is $11.12. The company’s market cap is $677.9 million.
LivePerson (NASDAQ:LPSN) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $0.06 earnings per share for the quarter, beating the analysts’ 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 last year, the company posted $0.03 earnings per share. LivePerson’s revenue was up 13.1% compared to the same quarter last year. On average, analysts predict that LivePerson will post $0.24 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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