Upwork Introduces Upwork Updates to Launch AI Innovations and Other Solutions Shaping How Businesses and Freelancers Hire and Work

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Go back to Upwork Introduces Upwork Updates to Launch AI Innovations and Other Solutions Shaping How Businesses and Freelancers Hire and Work

BTIG Upgrades Upwork Inc. (UPWK) to Buy

May 2, 2024 5:30 AM EDT

BTIG analyst Marvin Fong upgraded Upwork Inc. (NASDAQ: UPWK) from Neutral to Buy with a price target of $16.00.

The analyst comments "We are upgrading shares of UPWK to Buy from Neutral after a very constructive 1Q24 report. While revenue and EBITDA beat expectations by a wide margin, we were most impressed by the growth in active clients. UPWK added 21K clients in the quarter, growing... More