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Fly News Breaks for May 2, 2018
CSCO, FIVN
May 2, 2018 | 08:41 EDT
SunTrust analyst Terry Tillman raised his price target on Five9 (FIVN) to $34 and kept his Buy rating. The analyst notes the 38% growth in LTM enterprise subscription revenues, record Q1 bookings, and the progress made in operating leverage and cash flows. Tillman is also positive on Five9's appointment of a "highly experienced" with cloud apps and contact center infrastructure Cisco (CSCO) executive as CEO.
News For FIVN;CSCO From the Last 2 Days
