LivePerson Inc. (NASDAQ:LPSN) fell 1.2% during mid-day trading on Thursday . The stock traded as low as $7.48 and last traded at $7.52, with a volume of 70,613 shares changing hands. The stock had previously closed at $7.61.

Several brokerages recently issued reports on LPSN. Zacks Investment Research upgraded shares of LivePerson from a “hold” rating to a “buy” rating and set a $8.25 target price for the company in a research note on Wednesday, July 13th. Benchmark Co. upgraded shares of LivePerson from a “hold” rating to a “buy” rating and raised their price objective for the stock from $6.00 to $9.00 in a research report on Thursday, July 7th. Finally, Roth Capital upgraded shares of 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. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $9.25.

The company has a 50-day moving average of $7.18 and a 200 day moving average of $6.23. The firm’s market cap is $432.76 million.

LivePerson (NASDAQ:LPSN) last posted its earnings results on Wednesday, July 27th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of ($0.01) by $0.03. The firm had revenue of $56.70 million for the quarter, compared to the consensus estimate of $56.70 million. During the same period in the previous year, the firm posted $0.02 earnings per share. LivePerson’s quarterly revenue was down 4.4% compared to the same quarter last year. Equities analysts predict that LivePerson Inc. will post ($0.05) EPS for the current fiscal 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.