Oppenheimer Sticks to Their Hold Rating for Liveperson (LPSN)


Oppenheimer analyst Koji Ikeda maintained a Hold rating on Liveperson (NASDAQ: LPSN) yesterday. The company’s shares closed yesterday at $24.10, close to its 52-week high of $25.20.

According to TipRanks.com, Ikeda is a 5-star analyst with an average return of 37.3% and a 96.2% success rate. Ikeda covers the Technology sector, focusing on stocks such as Coupa Software Inc, SPS Commerce, and Autodesk.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Liveperson with a $27.80 average price target.

See today’s analyst top recommended stocks >>

Based on Liveperson’s latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of $8.32 million. In comparison, last year the company had a GAAP net loss of $7.53 million.

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.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts