Five9 price target lowered to $28 from $45 at Jefferies
Jefferies analyst Samad Samana lowered the firm's price target on Five9 (FIVN) to $28 from $45 and keeps a Hold rating on the shares. While the firm believes the quarter will not bring surprises, Jefferies expects demand either did not pick up as expected or worsened as the quarter progressed, the analyst tells investors.
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