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Needham Reaffirms Buy on Five9 (FIVN) Following Leadership Transition
Yahoo Finance· 2025-12-21 20:06
Five9, Inc. (NASDAQ:FIVN) is one of the AI Stocks on the Market’s Radar. On December 18, Needham reiterated a “Buy” rating on the stock with a $40.00 price target. The rating affirmation follows Five9’s appointment of a new CEO, which the firm views as largely positive for scaling and AI product momentum. On Wednesday, December 17, Five9 announced the appointment of Amit Mathradas as the company’s next CEO, succeeding long-time CEO Mike Burkland. Mathradas will assume duties as CEO effective February 2, 2 ...