$172.73 -0.3 -0.2%
Last Trade - 09/04/21
Market Cap | £8.44bn |
Enterprise Value | £8.47bn |
Revenue | £317.3m |
Position in Universe | 855th / 6827 |
** Shares of cloud software provider FIVN.O up 6.2% at $177.19 premarket ** At least 8 brokerages raise PTs on stock after co on Monday beats Q4 revenue and also forecasts Q1 and FY21 sales above estimates urn:newsml:reuters.com:*:nASA01RSN ** Brokerage J.P. Morgan, which raises PT to $209 from $170, says shift to cloud-based omni-channel solution has led to continued upside in growth for FIVN ** Looking ahead, we do see opportunities for FIVN to add additional AI-driven chat bot capabilities that can help sustain revenue growth - J.P. Morgan ** "Five9 remains our top-pick given the market pipeline, accelerating lead-metrics, and ability to sustain hyper-growth status," says Piper Sandler; hikes PT to $212 from $206 ** Truist Securities says co's joint sales activity associated with Microsoft Teams, Zoom and Salesforce represent attractive upside drivers in 2021 and 2022 ** Avg. rating of 19 analysts is "buy"; median PT is $200 - Refinitiv data ** Up to Monday's close, stock had risen ~128% in last 12 months (Reporting by Tiyashi Datta in Bengaluru) ((tiyashi.datta@thomsonreuters.com))