Mizuho lowered the firm’s price target on LivePerson to $3 from $6 and keeps a Neutral rating on the shares. LivePerson reported a modest Q3 beat against muted expectations, the analyst tells investors in a research note. The firm remains cautious given the company’s ongoing restructuring efforts, but notes LivePerson will likely announce a permanent CEO by the end of Q4.
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Read More on LPSN:
- LivePerson price target lowered to $3.75 from $4 at B. Riley
- LivePerson price target lowered to $3.50 from $4 at Barclays
- LivePerson sees FY23 revenue $389M-$399M, consensus $398.84M
- LivePerson Announces Third Quarter 2023 Financial Results
- LivePerson sees Q4 revenue $89.7M-$99.7M, consensus $94.89M