LivePerson Inc. (NASDAQ:LPSN) traded 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. The stock had previously closed at $7.55.

Several equities research analysts have recently commented on the company. Zacks Investment Research lowered LivePerson from a “hold” rating to a “strong sell” rating in a research note on Wednesday, August 3rd. Benchmark Co. upgraded LivePerson from a “hold” rating to a “buy” rating and upped their price objective for the stock from $6.00 to $9.00 in a research note on Thursday, July 7th. Finally, 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 note on Thursday, May 5th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $9.25.

The stock has a 50 day moving average price of $7.34 and a 200 day moving average price of $6.30. The firm’s market capitalization is $459.92 million.

LivePerson (NASDAQ:LPSN) last announced its quarterly earnings data on Wednesday, July 27th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by $0.03. During the same period in the previous year, the company posted $0.02 earnings per share. The company had revenue of $56.70 million for the quarter, compared to the consensus estimate of $56.70 million. The company’s quarterly revenue was down 4.4% compared to the same quarter last year. Equities research analysts expect 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 stake in shares of LivePerson Inc. (NASDAQ:LPSN) by 2.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. 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 approximately 0.30% of LivePerson worth $1,152,000 as of its most recent filing with the SEC.

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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