UPWK - Fiverr's Promise In 2024: Analyst Sees Upswing Despite Current Market Uncertainty | Benzinga
UBS analyst Kunal Madhukar initiated coverage on the shares of Fiverr International Ltd (NYSE: FVRR) with a Buy rating and a price target of $33.
The analyst believes FVRR's volumes lead overall job listings by two or more quarters, and job listings have started stabilizing.
Expectations are low, and while macro remains uncertain, the analyst sees scope for expectations and multiples to trend up as the outlook firms up in 2024.
The analyst sees significant upside from ...