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Fly News Breaks for September 26, 2019
FIVN
Sep 26, 2019 | 07:10 EDT
Guggenheim analyst Nandan Amladi initiated Five9 with a Buy rating and $70 price target, stating that the company's "singular focus" on contact-center-as-a-service, or CCaaS, allows for more efficient use of R&D spending to stay ahead of the industry. He sees Five9 as an attractive investment in the long-term secular theme of cloud-based delivery and subscription revenue models becoming mainstream among enterprises.
News For FIVN From the Last 2 Days
