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Fly News Breaks for May 13, 2015
FIVN
May 13, 2015 | 08:13 EDT
Canaccord noted Five9 has posted three consecutive solid quarters and has begun to see the kind of traction that has been expected. Canaccord reiterated its Buy rating and raised its price target to $8 from $7 on Five9 shares, citing expectations for positive cash flow and company guidance that the firm views as conservative.
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