JMP Securities Maintains Outperform on Upwork, Raises Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Andrew Boone maintains an 'Outperform' rating on Upwork (NASDAQ:UPWK) and raises the price target from $14 to $15.
August 04, 2023 | 12:56 pm
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JMP Securities maintains an 'Outperform' rating on Upwork and raises the price target from $14 to $15.
The news is directly related to Upwork and is likely to have a positive impact on its stock price in the short term. The 'Outperform' rating indicates that the analyst expects the company's stock to do better than the market average. Furthermore, the increase in the price target from $14 to $15 suggests that the analyst sees potential for the stock's price to increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100