Liveperson (LPSN) Receives a Buy from KeyBanc

KeyBanc analyst Steve Enders maintained a Buy rating on Liveperson (LPSNResearch Report) today and set a price target of $50.00. The company’s shares closed last Thursday at $33.01, close to its 52-week low of $31.10.

According to TipRanks.com, Enders is a 3-star analyst with an average return of 5.8% and a 52.7% success rate. Enders covers the Technology sector, focusing on stocks such as Zoom Video Communications, CommVault Systems, and Vonage Holdings.

Liveperson has an analyst consensus of Moderate Buy, with a price target consensus of $55.67.

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The company has a one-year high of $72.23 and a one-year low of $31.10. Currently, Liveperson has an average volume of 930.9K.

Based on the recent corporate insider activity of 50 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 LPSN in relation to earlier this year.

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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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