BTIG Maintains Buy on Fiverr Intl, Lowers Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
BTIG analyst Marvin Fong maintains a Buy rating on Fiverr Intl (NYSE:FVRR) but lowers the price target from $30 to $28.

April 18, 2024 | 4:27 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
BTIG analyst Marvin Fong maintains a Buy rating on Fiverr Intl but lowers the price target from $30 to $28.
The adjustment in price target by BTIG reflects a nuanced view on Fiverr's future performance. While the Buy rating indicates continued confidence in the company's potential, the reduced price target suggests a recalibration of expectations, possibly due to market conditions or Fiverr's recent performance. This could lead to short-term price volatility as investors digest the implications of the new target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100