Needham Maintains ‘Buy’ Rating on Five9 After Strong Q2 Results

Reported 1 day ago

Needham analyst Scott Berg has reaffirmed a ‘Buy’ rating on Five9, Inc. (NASDAQ:FIVN) with a price target of $40 following the company's robust Q2 performance, which saw a 16% increase in subscription revenue and a notable rise in Enterprise AI sales. Despite some macroeconomic uncertainties and leadership changes, analysts remain optimistic about Five9's position in the growing AI-driven market.

Source: YAHOO

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