Upwork price target raised to $23 from $22 at Roth Capital

Roth Capital raised the firm’s price target connected Upwork (UPWK) to $23 from $22 and keeps a Buy standing connected the shares. The institution reported in-line to somewhat supra estimates gross and EBITDA for Q4, though its Q1 usher is noisy owed to M&A integration and implies sequential declines, the expert tells investors successful a probe note. Roth adds it would beryllium a purchaser of post-earnings weakness.

Valentine's Day Sale - 70% Off

• Unlock hedge fund-level information and almighty investing tools for smarter, sharper decisions

• Stay up of the marketplace with the latest quality and investigation and maximize your portfolio's potential

Published archetypal connected TheFly – the eventual root for real-time, market-moving breaking fiscal news. Try Now>>

See Insiders’ Hot Stocks connected TipRanks >>

Read More connected UPWK:

Disclaimer & DisclosureReport an Issue

• Upwork: Improving Marketplace Fundamentals and AI-Driven Growth Support Buy Rating Despite Soft Near-Term Outlook

• Upwork terms people lowered to $22 from $24 astatine Canaccord

• Upwork terms people lowered to $17 from $19 astatine Citi

• Upwork terms people lowered to $22 from $27 astatine Citizens

• Closing Bell Movers: Upwork down implicit 20% connected brushed guidance