In a report published Monday, Benchmark Company analyst Mark W. Schappel upgraded the rating on LivePerson LPSN from Hold to Buy, and named a $17.00 price target.
In the report, Benchmark Company noted, “We are upgrading LPSN to Buy from Hold and establishing a $17 price target. We think this is an appropriate time to re-engage the story, since we believe several factors needed to move the stock appear to be in place today and we think they're sustainable over the medium-term.”
LivePerson closed on Friday at $12.88.
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Posted In: Analyst ColorUpgradesAnalyst RatingsBenchmark CompanyInformation TechnologyInternet Software & ServicesMark W. Schappel
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