LivePerson (NASDAQ:LPSN) Stock Rating Lowered by Roth Mkm

Roth Mkm downgraded shares of LivePerson (NASDAQ:LPSN – Get Rating) from a buy rating to a neutral rating in a report published on Thursday morning, Marketbeat Ratings reports. The brokerage currently has $6.00 target price on the technology company’s stock, down from their prior target price of $25.00.

A number of other equities analysts have also recently commented on LPSN. StockNews.com raised LivePerson from a sell rating to a hold rating in a report on Wednesday. Mizuho decreased their target price on LivePerson from $14.00 to $12.00 in a report on Wednesday, November 16th. Craig Hallum raised LivePerson from a hold rating to a buy rating and raised their target price for the stock from $13.00 to $15.00 in a report on Friday, March 3rd. Barclays decreased their target price on LivePerson from $11.00 to $4.00 and set an underweight rating on the stock in a report on Thursday. Finally, Loop Capital decreased their target price on LivePerson from $12.00 to $8.00 in a report on Thursday. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and one has issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of Hold and an average target price of $10.27.

LivePerson Stock Up 1.9 %

NASDAQ LPSN opened at $4.21 on Thursday. The business’s fifty day moving average price is $12.12 and its 200-day moving average price is $11.17. The company has a debt-to-equity ratio of 10.83, a current ratio of 2.10 and a quick ratio of 2.22. LivePerson has a 1-year low of $3.81 and a 1-year high of $26.66.

Institutional Investors Weigh In On LivePerson

A number of institutional investors and hedge funds have recently bought and sold shares of LPSN. Starboard Value LP bought a new stake in LivePerson during the first quarter valued at about $156,410,000. Vanguard Group Inc. raised its holdings in LivePerson by 7.1% during the third quarter. Vanguard Group Inc. now owns 9,015,843 shares of the technology company’s stock valued at $84,929,000 after acquiring an additional 601,564 shares during the period. Clearbridge Investments LLC bought a new stake in LivePerson during the second quarter valued at about $8,267,000. Washington Harbour Partners LP bought a new stake in LivePerson during the first quarter valued at about $11,342,000. Finally, Segall Bryant & Hamill LLC purchased a new position in shares of LivePerson during the third quarter valued at about $4,068,000. 86.39% of the stock is owned by institutional investors.

LivePerson Company Profile

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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.