Upwork Stock (UPWK): $40 Price Target From Piper Sandler

Upwork Stock (UPWK): $40 Price Target From Piper Sandler
  • The shares of Upwork Inc (NASDAQ: UPWK) have received a $40 price target from Piper Sandler. These are the details.

The shares of Upwork Inc (NASDAQ: UPWK) have received a $40 price target from Piper Sandler. And Piper Sandler analyst Matthew Farrell initiated coverage of Upwork with an “Overweight” rating. 


Farrell believes in the broader market opportunity for talent marketplaces, even after the pandemic passes. And Farrell noted that several tailwinds like The Great Resignation and the move from offline to online can drive growth over the next several years. 


Plus Farrell believes Upwork’s full suite of work solutions can help the company navigate a variety of market conditions and help push further upmarket.


Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.