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Fly News Breaks for August 1, 2019
FIVN
Aug 1, 2019 | 09:43 EDT
As previously reported, Dougherty analyst Catharine Trebnick upgrade Five9 to Buy from Neutral, with a $63 price target, after the company reported "solid" Q2 results. The analyst believes Five9 is positioned for continued growth and views international market entry as another opportunity to expand top line growth. Given her recent field work, innovation engine with powerful software releases, strong ecosystem of partners and international expansion, Trebnick believes Five9's can sustain growth 20%-25% into 2020.
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