UBS lowered the firm’s price target on Upwork (UPWK) to $23 from $26 and keeps a Buy rating on the shares. Upwork’s Q4 report and soft Q1 guidance were “underwhelming,” the analyst tells investors in a research note.
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Read More on UPWK:
- Morning Movers: Fiserv and Spotify jump following fourth quarter results
- Upwork price target lowered to $20 from $24 at RBC Capital
- Upwork price target raised to $23 from $22 at Roth Capital
- Upwork: Improving Marketplace Fundamentals and AI-Driven Growth Support Buy Rating Despite Soft Near-Term Outlook
- Upwork price target lowered to $22 from $24 at Canaccord
