Which Internet Company Reporting This Week Has Favorable Risk/Reward Ratio? Analyst Picks Fiverr and Bumble, Flags Others
Portfolio Pulse from Anusuya Lahiri
RBC Capital analyst Brad Erickson has identified Fiverr International Ltd (FVRR) and Bumble Inc (BMBL) as having the most favorable risk/reward ratios among nine companies reporting this week. He also mentioned Uber Technologies, Inc (UBER), Lyft, Inc (LYFT), Squarespace, Inc (SQSP), Upwork Inc (UPWK), Wix.Com Ltd (WIX), and CarGurus, Inc (CARG). The analyst also noted potential risks for WIX and FVRR due to the Middle East war, as they are Tel Aviv-based.
November 06, 2023 | 8:04 pm
News sentiment analysis
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NEUTRAL IMPACT
Lyft has a Sector Perform rating and a $12 price target.
The neutral rating and price target could keep the stock stable.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Squarespace has a Sector Perform rating and a $32 price target.
The neutral rating and price target could keep the stock stable.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Upwork has a Sector Perform rating and a $11 price target.
The neutral rating and price target could keep the stock stable.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Bumble has been identified as having a favorable risk/reward ratio.
The analyst's positive outlook could boost the stock.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
CarGurus has an Outperform rating and a $24 price target.
The positive rating and price target could boost the stock.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Fiverr has been identified as having a favorable risk/reward ratio. However, potential risks due to the Middle East war could affect the company.
The analyst's positive outlook could boost the stock, but the geopolitical risks could have a negative impact.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Uber has an Outperform rating and a $58 price target.
The positive rating and price target could boost the stock.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Wix has an Outperform rating and a $120 price target. However, potential risks due to the Middle East war could affect the company.
The positive rating and price target could boost the stock, but the geopolitical risks could have a negative impact.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90