LivePerson Inc. (NASDAQ:LPSN) shares were up 2% during trading on Wednesday . The stock traded as high as $7.72 and last traded at $7.70, with a volume of 101,910 shares traded. The stock had previously closed at $7.55.

Several research analysts have commented on LPSN shares. Roth Capital raised LivePerson from a “neutral” rating to a “buy” rating and set a $10.00 target price on the stock in a report on Thursday, May 5th. Zacks Investment Research downgraded LivePerson from a “buy” rating to a “hold” rating in a report on Wednesday, April 27th. Finally, Benchmark Co. raised LivePerson from a “hold” rating to a “buy” rating and lifted their target price for the stock from $6.00 to $9.00 in a report on Thursday, July 7th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $9.25.

The stock’s 50-day moving average price is $7.29 and its 200 day moving average price is $6.29. The firm’s market cap is $445.47 million.

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

A hedge fund recently raised its stake in LivePerson stock. Schwab Charles Investment Management Inc. raised its position in LivePerson Inc. (NASDAQ:LPSN) by 2.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 170,529 shares of the company’s stock after buying an additional 3,965 shares during the period. Schwab Charles Investment Management Inc. owned 0.30% of LivePerson worth $1,152,000 as of its most recent SEC filing.

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.

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