LivePerson (NASDAQ:LPSN) Upgraded at StockNews.com

StockNews.com upgraded shares of LivePerson (NASDAQ:LPSN – Get Rating) from a sell rating to a hold rating in a research report report published on Wednesday.

A number of other equities analysts have also weighed in on LPSN. Mizuho lowered their target price on LivePerson from $14.00 to $12.00 in a research note on Wednesday, November 16th. Craig Hallum raised LivePerson from a hold rating to a buy rating and increased their price target for the stock from $13.00 to $15.00 in a research report on Friday, March 3rd. Finally, Evercore ISI reduced their price target on LivePerson to $12.00 in a research report on Tuesday, November 15th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of Hold and a consensus target price of $10.27.

LivePerson Price Performance

Shares of NASDAQ LPSN opened at $4.21 on Wednesday. The firm has a market cap of $317.14 million, a P/E ratio of -1.43 and a beta of 1.58. The company has a current ratio of 2.22, a quick ratio of 2.22 and a debt-to-equity ratio of 8.23. LivePerson has a 1-year low of $3.81 and a 1-year high of $26.66. The business’s 50 day moving average is $12.12 and its 200-day moving average is $11.17.

Institutional Investors Weigh In On LivePerson

Large investors have recently modified their holdings of the business. CWM LLC boosted its holdings in shares of LivePerson by 48.1% in the 4th quarter. CWM LLC now owns 2,632 shares of the technology company’s stock valued at $27,000 after purchasing an additional 855 shares in the last quarter. Captrust Financial Advisors boosted its holdings in shares of LivePerson by 407.4% during the 1st quarter. Captrust Financial Advisors now owns 2,811 shares of the technology company’s stock valued at $69,000 after acquiring an additional 2,257 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in shares of LivePerson by 67.4% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 3,888 shares of the technology company’s stock valued at $36,000 after acquiring an additional 1,565 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of LivePerson by 36.9% during the 1st quarter. PNC Financial Services Group Inc. now owns 4,236 shares of the technology company’s stock valued at $103,000 after acquiring an additional 1,141 shares in the last quarter. Finally, Advisors Asset Management Inc. boosted its holdings in shares of LivePerson by 61.5% during the 1st quarter. Advisors Asset Management Inc. now owns 4,407 shares of the technology company’s stock valued at $108,000 after acquiring an additional 1,678 shares in the last quarter. Institutional investors and hedge funds own 86.39% of the company’s stock.

About LivePerson

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LivePerson, Inc engages in the provision of mobile and online messaging solutions through Conversational Artificial Intelligence (AI). Conversational AI allows humans and machines to interact using natural language, including speech or text. The company operates through the Business and Consumer segments.