LivePerson (NASDAQ:LPSN) Earns Market Perform Rating from William Blair

William Blair reaffirmed their market perform rating on shares of LivePerson (NASDAQ:LPSN – Get Rating) in a report released on Thursday, PriceTargets.com reports.

Other equities analysts also recently issued research reports about the company. Loop Capital lowered their price target on LivePerson from $12.00 to $8.00 in a report on Thursday. Mizuho lowered their price target on LivePerson from $12.00 to $7.00 in a report on Thursday. Evercore ISI lowered their price objective on shares of LivePerson from $12.00 to $6.00 in a research note on Thursday. Roth Mkm downgraded shares of LivePerson from a buy rating to a neutral rating and lowered their price objective for the stock from $25.00 to $6.00 in a research note on Thursday. Finally, Craig Hallum downgraded shares of LivePerson from a buy rating to a hold rating and lowered their price objective for the stock from $15.00 to $6.00 in a research note on Thursday. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of Hold and a consensus target price of $10.27.

LivePerson Trading Up 1.9 %

Shares of LPSN stock opened at $4.21 on Thursday. LivePerson has a 12 month low of $3.81 and a 12 month high of $26.66. The company has a quick ratio of 2.22, a current ratio of 2.22 and a debt-to-equity ratio of 8.23. The business’s 50 day moving average is $12.12 and its two-hundred day moving average is $11.17. The company has a market cap of $317.14 million, a PE ratio of -1.43 and a beta of 1.58.

Institutional Inflows and Outflows

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