STARBOARD DELIVERS OPEN LETTER TO LIVEPERSON STOCKHOLDERS

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LivePerson (LPSN) rally will be short-lived says Loop Capital, 'sell into the strength'

May 8, 2023 11:54 AM EDT

LivePerson (NASDAQ: LPSN) was cut to Sell from Hold with a price target of $3 per share by Loop Capital analyst Mark Schappel in a note to clients Monday.

The analyst stated that activist investor Starboard's letter criticizing LPSN's board is a distraction at a critical time for the company.

In the letter last... More