Liveperson (LPSN – Research Report) received a Buy rating and price target from Craig-Hallum analyst Jeff Van Rhee today. The company’s shares closed yesterday at $3.49.
Van Rhee covers the Technology sector, focusing on stocks such as Asure, Cellebrite DI, and Cerence. According to TipRanks, Van Rhee has an average return of 11.3% and a 53.40% success rate on recommended stocks.
Currently, the analyst consensus on Liveperson is a Hold with an average price target of $3.79.
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Based on Liveperson’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $101.33 million and a GAAP net loss of $53.31 million. In comparison, last year the company earned a revenue of $129.56 million and had a GAAP net loss of $43.25 million
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Liveperson (LPSN) Company Description:
LivePerson, Inc. engages in the provision of mobile and online messaging solutions. It operates through Business and Consumer segments. The Business segment enables brands to leverage intelligence engine to connect with consumers through an integrated suite of mobile and online business messaging technologies. The Consumer segment involves in facilitating online transactions between independent service providers and individual consumers seeking information and knowledge for a fee via mobile and online messaging. The company was founded by Robert P. LoCascio on November 29, 1995 and is headquartered in New York, NY.
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