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Fly News Breaks for April 1, 2019
LPSN
Apr 1, 2019 | 05:15 EDT
Jefferies analyst Samad Samana started LivePerson with a Buy rating and $36 price target. The company is well positioned to benefit from consumers' increasing preference for engaging with brands via messaging, which is driving the rise of "conversational commerce," Samana tells investors in a research note. He expects LivePerson's "strong" market position and growth investments to drive accelerating revenue growth through 2020, with margin expansion.
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