Five9 Reports Record 2016 Revenue of $162.1 Million, Up 26% Year-Over-Year

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Five9, Inc (FIVN) PT Raised to $21 at Needham & Company Following 4Q EPS, Revenue Beats

February 17, 2017 7:47 AM EST

Needham & Company analyst Scott Berg reiterates Buy rating and raises price target on Five9 Inc. (NASDAQ: FIVN) to $21 (from $18), suggesting the company plans to accelerate sales hiring, after delivering 2016 fourth quarter revenue and EPS above consensus projections.

Berg comments, "Five9 reported another... More