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Fly News Breaks for July 12, 2019
LPSN
Jul 12, 2019 | 08:11 EDT
KeyBanc analyst Steve Enders initiated LivePerson with an Overweight rating and $36 price target, saying the company is establishing itself as a leader in Conversational Commerce, transforming B2C communications with its messaging-focused customer care platform. In a research note to investors, Enders says he believes recent sales investments should drive strong new enterprise customer adds and expand the opportunity within existing customers, leading to both revenue reacceleration and margin expansion.
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