Share on StockTwits

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.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.