Upwork shares are trading lower after BTIG downgraded the stock from Buy to Neutral.
Portfolio Pulse from Benzinga Newsdesk
Upwork's stock has been downgraded from Buy to Neutral by BTIG, leading to a decrease in its share price.
August 28, 2023 | 2:28 pm
News sentiment analysis
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NEGATIVE IMPACT
Upwork's stock was downgraded by BTIG from Buy to Neutral, which has resulted in a decrease in its share price.
Analyst ratings are a significant factor in a stock's performance. BTIG's downgrade from Buy to Neutral indicates less confidence in Upwork's stock, which can discourage investors and lead to a decrease in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100