JPMorgan analyst Doug Anmuth upgraded Fiverr to Overweight from Neutral with a price target of $37, up from $28. The company's second consecutive quarter of revenue growth acceleration to 42.6% year-over-year was driven by the fourth consecutive quarter of acceleration in active buyers growth to 16.5% year-over-year, Anmuth tells investors in a post-earnings research note. The analyst believes the company's recent product launches and ongoing product investments should help Fiverr attract larger customers and drive "healthy" sales growth without requiring a dedicated salesforce.