Analysts’ Weekly Ratings Updates for Upwork (UPWK)

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A number of firms have modified their ratings and price targets on shares of Upwork (NASDAQ: UPWK) recently:

  • 10/29/2018 – Upwork is now covered by analysts at Royal Bank of Canada. They set an “outperform” rating and a $24.00 price target on the stock.
  • 10/29/2018 – Upwork is now covered by analysts at Jefferies Financial Group Inc. They set a “hold” rating and a $20.00 price target on the stock.
  • 10/29/2018 – Upwork is now covered by analysts at Stifel Nicolaus. They set a “hold” rating and a $18.00 price target on the stock.
  • 10/29/2018 – Upwork is now covered by analysts at Citigroup Inc. They set a “buy” rating and a $23.00 price target on the stock.
  • 10/24/2018 – Upwork is now covered by analysts at Guggenheim. They set a “buy” rating and a $25.00 price target on the stock.

UPWK opened at $19.77 on Wednesday. Upwork Inc has a 52-week low of $16.70 and a 52-week high of $23.49.

In other Upwork news, SVP Hayden Brown sold 54,246 shares of the company’s stock in a transaction that occurred on Friday, October 5th. The stock was sold at an average price of $13.95, for a total value of $756,731.70. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Upwork Inc operates an online platform that connects businesses and freelancers. Its platform comprise freelancers in content marketing, customer service, data science and analytics, graphic design, mobile development, sales, and web development categories. The company was formerly known as Elance-oDesk, Inc and changed its name to Upwork Inc in May 2015.

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