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Fly News Breaks for August 9, 2019
Aug 9, 2019 | 17:42 EDT
Jefferies analyst Samad Samana raised his price target on LivePerson to $45 and kept his Buy rating after its 10-Q filing offered better insight about the company's core business by breaking out the company's Hosted Business services revenue. The analyst also notes that the management's "pulled forward" investments in sales, marketing, and R&D should lead to better revenue growth in 2020 than previously expected.
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