Brokerage Firm Rating Update on Five9 (FIVN)

Five9 (FIVN) has an average broker rating of 1.43, which is interpreted as a Strong Buy, as rated by 7 equity analysts. Nonetheless, 5 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 1 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

Five9 (FIVN) : The highest level Five9 (FIVN) is projected to reach is $18 for the short term and the lowest estimate is at $11. The consolidated price target from 7 rating analysts who initiate coverage on the stock is $14.43 and the possibility the share price can swing is $2.64.


For the current week, the company shares have a recommendation consensus of Buy. Also, In the latest statement by the brokerage house, Barclays maintains its outlook on Five9 (NASDAQ:FIVN). The current rating of the shares is Overweight, according to the research report released by the firm. The brokerage firm raises the price target from $14 per share to $15 per share. The rating by the firm was issued on August 4, 2016.

Five9 (NASDAQ:FIVN): stock was range-bound between the intraday low of $15.12 and the intraday high of $15.6 after having opened at $15.43 on Wednesdays session. The stock finally closed in the red at $15.43, a loss of -0.58%. The stock remained in the red for the whole trading day. The total traded volume was 405,950 shares. The stock failed to cross $15.6 in Wednesdays trading. The stocks closing price on Thursday was $15.51.

Five9 Inc. (Five9) is a provider of cloud software for contact centers. The Companys purpose-built Virtual Contact Center (VCC) cloud platform delivers a suite of applications that enable the breadth of contact center-related customer service, sales and marketing functions. The Company facilitates over three billion interactions between its 2,000 clients and clients customers per year. The Companys solution, which consists of its VCC cloud platform and applications, allows simultaneous management and optimization of customer interactions across voice, chat, email, Web, social media and mobile channels, either directly or through its application programming interface. The Companys VCC cloud platform matches each customer interaction with an appropriate agent resource and delivers relevant customer data to the agent in real-time through integrations with adjacent enterprise applications, such as customer relationship management (CRM) software.

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