Five9 initiated with an Overweight at KeyBanc
KeyBanc analyst Jackson Ader initiated coverage of Five9 (FIVN) with an Overweight rating and $35 price target as part of a broader research note launch coverage of select Enterprise Software names. AI will provide a near-term lift to the company's ARPU – average revenue per user – particularly in the enterprise, which is underappreciated in forecasts, the analyst tells investors in a research note.
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