LivePerson Inc. (NASDAQ:LPSN)’s share price was up 1.6% during mid-day trading on Wednesday . The company traded as high as $7.53 and last traded at $7.49, with a volume of 135,583 shares. The stock had previously closed at $7.37.

A number of equities analysts have recently issued reports on LPSN shares. Zacks Investment Research upgraded LivePerson from a “hold” rating to a “buy” rating and set a $6.50 price objective for the company in a research report on Tuesday, April 12th. Roth Capital upgraded LivePerson from a “neutral” rating to a “buy” rating and set a $10.00 price objective for the company in a research report on Thursday, May 5th. Finally, Benchmark Co. raised their price objective on LivePerson from $5.00 to $6.00 and gave the stock a “hold” rating in a research report on Thursday, May 5th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $9.25.

The firm’s market capitalization is $431.30 million. The firm has a 50 day moving average price of $6.80 and a 200 day moving average price of $6.02.

LivePerson (NASDAQ:LPSN) last announced its earnings results on Wednesday, May 4th. The company reported ($0.05) earnings per share for the quarter. The business earned $55.50 million during the quarter, compared to analyst estimates of $55.45 million. The firm’s revenue was down 7.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.04 EPS. Analysts anticipate that LivePerson Inc. will post $0.07 EPS for the current year.

LivePerson, Inc (Liveperson) is a provider of digital engagement solutions offering a cloud-based platform. The Company’s platform enables businesses to connect with consumers through chat, voice, and content delivery, across multiple channels and screens, including Websites, social media, tablets and mobile devices.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.