LivePerson (LPSN) Misses Q1 EPS by 8c; Guides for Q2 Loss, Trims FY15 Outlook
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Roth Capital Lowers PT on LivePerson (LPSN) Following the Loss of AT&T
May 12, 2015 9:12 AM EDTRoth Capital maintains their Buy rating on LivePerson (NASDAQ: LPSN), but lowered the price target to $14.00 (from $23.00), following a major customer loss of AT&T. This effected the outlook on the company dramatically, given that LSPN's results were still fair. 1Q15 revenues of $59.8M... More
Northland Capital Markets Lowers PT on LivePerson (LPSN) Following New Guidance
May 12, 2015 8:31 AM EDTmaintains an Outperform rating on LivePerson (NASDAQ: LPSN), but lowered the price target to $11.00 (from $16.00), based on FY16 revs. LPSN posted 1Q revenue slightly below estimates at $59.8M with EPS in line. FY15 revenue guidance decreased $21M. The new FY15 revenue guidance is $243 - $247mil (compared to the consensus of $264.3M estimate), and EPS of $0.10 - 0.15 (consensus of $0.28).
Northland Capital Markets analyst, Michael Latimore, commented on LPSN's quarter, saying, "Revs... More
Credit Suisse Downgrades LivePerson (LPSN) to Neutral
May 12, 2015 7:41 AM EDTCredit Suisse downgraded LivePerson (NASDAQ: LPSN) from Outperform to Neutral with a price target of $8.00 (from $19.00), saying losing AT&T worse than feared.
The firm cut estimates accordingly.
For an analyst ratings summary and ratings history on LivePerson... More
