Upwork price target raised to $23 from $22 at Roth Capital

Roth Capital raised the firm’s price target on Upwork (UPWK) to $23 from $22 and keeps a Buy rating on the shares. The company reported in-line to slightly above estimates revenue and EBITDA for Q4, though its Q1 guide is noisy due to M&A integration and implies sequential declines, the analyst tells investors in a research note. Roth adds it would be a buyer of post-earnings weakness.