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Five9 price target raised to $90 from $80 at Canaccord

Canaccord raised the firm’s price target on Five9 to $90 from $80 and keeps a Buy rating on the shares. The fiirm said management noted that it was a record quarter for channel bookings, that 15 partners achieved $1M in ARR added in the quarter, and that channel pipeline is at an all-time high.

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