Five9 Is Firing on All Cylinders
Amid Wall Street's recent sell-off of growth stocks, Five9 (NASDAQ: FIVN) has continued to impress, and its shares have been more resilient than many of its fast-growing technology peers. Indeed, the cloud-based contact center specialist is one of the rare growth stocks that has recently had analysts scrambling to increase their 12-month price targets.
Analysts from Northland and Piper Sandler recently boosted their price targets for Five9 stock to $215 and $220 from $200 and $212, respectively. Those updates came after the company posted first-quarter results late last month that were far ahead of expectations.
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Source Fool.com
