Information Provided By: 
Fly News Breaks for February 14, 2020
LPSN
Feb 14, 2020 | 06:49 EDT
KeyBanc analyst Alex Kurtz lowered his price target for LivePerson to $43 from $48 following the company's Q4 results, saying that while LivePerson reported strong deal activity and announced another step up in opex to build out its Payments solution, it also announced a CFO transition. The analyst is encouraged by the strong deal activity and clarity on the ramp to 25%+ growth in CY21, but is lowering his multiple slightly to 6.5x CY21 EV/revenue to account for the incremental opex.
News For LPSN From the Last 2 Days
LPSN
Apr 23, 2024 | 08:53 EDT
Loop Capital lowered the firm's price target on LivePerson to $1 from $3 and keeps a Hold rating on the shares ahead of its Q1 results. The stock's current "fire sale" valuation multiple of 1-times sales is "quite inexpensive", but turnarounds always take much longer than management and investors expect, the analyst tells investors in a research note.
