LivePerson price target lowered to $1.50 from $3.50 at Barclays

Barclays lowered the firm’s price target on LivePerson to $1.50 from $3.50 and keeps an Underweight rating on the shares post the Q4 report. The analyst says new management is focusing on the core business and utilizing partner relationships, although notable improvements are likely to take time as the fiscal 2024 outlook “underwhelms expectations.”