Colliers Securities Upgrades Five9, Inc (FIVN) to Buy

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Several Analysts Upgrade Five9 (FIVN) Stock After Zoom (ZM) Merger Termination, Which Yielded 'Fresh Buying Opportunity'

October 1, 2021 10:57 AM EDT

After Zoom Video Communications (NASDAQ: ZM) and Five9 (NASDAQ: FIVN) announced yesterday they are mutually terminating their merger agreement, at least 6 Wall Street analysts moved to upgrade shares to Buy or equivalent.

These upgrades came after Piper Sandler and Needham upgraded the Five9 stock in September.

Canaccord Genuity analyst upgraded shares to Buy and left the $200.00 per share price target unchanged. The analyst said that the failure... More