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-0.000262881177707624 -0.000525762355415248 0 0.00131440588853849 0.00184016824395374 0.000788643533123058 -0.000525762355415248 -0.00788643533123021
Stock impact report

Why Five9 (FIVN) Stock Is Down Today [Yahoo! Finance]

Five9, Inc. (FIVN) 
Last five9, inc. earnings: 2/19 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.five9.com/investor-relations
Company Research Source: Yahoo! Finance
The previous day, Barclays analyst Raimo Lenschow cut the firm's price target on the stock to $25 from $29. While the firm kept its "Overweight" rating, the nearly 14% reduction in the price target signaled a more cautious view of the company's future stock performance. This analyst action seemed to weigh on the stock more heavily than a separate announcement that Five9 expanded its partnership with Google Cloud. The company disclosed a new joint AI solution to help large businesses improve their customer service, but the news was not enough to overcome the negative sentiment from the price target cut. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Five9? Access our full analysis report here, it's free Five9's shares are very volatile and have had 26 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something Show less Read more
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