Connect with us

Hi, what are you looking for?

Jewish Business News

Financial Research

Israeli Tech LivePerson Surges on Credit Suisse Upgrade

liveperson

Shares of Israeli tech company, LivePerson soared over 8% on Sunday in the Tel Aviv stock exchange. The stock had been recently upgraded by Credit Suisse analyst Michael Nemeroff from Neutral to Outperform, and he raised his price target from $13 to $17. The analyst was confident that the company could rev up revenue and improve margins.

Catalysts driving the stock price higher, as reported by Benzinga, include pent-up demand for its LiveEngage 2.0Platform, a backlog of enterprise customers and new customer signings and positive feedback from customers about its Engage 2.0 platform. The stock rose 3.3% on the New York Stock exchange to trade  at $14.10

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at [email protected].
Thank you.

Newsletter



Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Life-Style Health

Medint’s medical researchers provide data-driven insights to help patients make decisions; It is affordable- hundreds rather than thousands of dollars

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

History & Archeology

A groundbreaking discovery in the Manot Cave in the Western Galilee, Israel has unearthed the earliest evidence in the Levant (and among the world's...