Northland Securities Believes Liveperson (LPSN) Still Has Room to Grow


Northland Securities analyst Michael Latimore reiterated a Buy rating on Liveperson (NASDAQ: LPSN) today and set a price target of $25. The company’s shares opened today at $23.10, close to its 52-week high of $24.73.

According to TipRanks.com, Latimore is a 5-star analyst with an average return of 13.3% and a 59.9% success rate. Latimore covers the Technology sector, focusing on stocks such as The Meet Group Inc, Vonage Holdings, and Everbridge Inc.

Currently, the analyst consensus on Liveperson is a Strong Buy with an average price target of $27.40, which is a 18.6% upside from current levels. In a report released today, Needham also maintained a Buy rating on the stock with a $28 price target.

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The company has a one-year high of $24.73 and a one-year low of $10.80. Currently, Liveperson has an average volume of 538.4K.

Based on the recent corporate insider activity of 46 insiders, corporate insider sentiment is negative on the stock. Most recently, in June 2018, Daniel Richard Murphy, the CFO of LPSN sold 73,814 shares for a total of $1,584,873.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

LivePerson, Inc. engages in the provision of mobile and online messaging solutions. It operates through Business and Consumer segments. The Business segment enables brands to leverage intelligence engine to connect with consumers through an integrated suite of mobile and online business messaging technologies.

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