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Barclays Sticks to Their Buy Rating for Five9 (FIVN)
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Barclays Sticks to Their Buy Rating for Five9 (FIVN)

Barclays analyst Ryan MacWilliams maintained a Buy rating on Five9 (FIVNResearch Report) yesterday and set a price target of $95.00. The company’s shares closed yesterday at $71.05.

MacWilliams covers the Technology sector, focusing on stocks such as HubSpot, Atlassian, and Gitlab. According to TipRanks, MacWilliams has an average return of 13.9% and a 61.49% success rate on recommended stocks.

Currently, the analyst consensus on Five9 is a Strong Buy with an average price target of $91.00.

See Insiders’ Hot Stocks on TipRanks >>

FIVN market cap is currently $5.18B and has a P/E ratio of -61.19.

Based on the recent corporate insider activity of 61 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FIVN in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Five9 (FIVN) Company Description:

Five9, Inc. engages in the provision of cloud software for contact centers. It specializes in omnichannel routing, analytics, workforce organization, and reporting. The company was founded in December 2001 and is headquartered in San Ramon, CA.

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