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Fly News Breaks for February 27, 2020
UPWK
Feb 27, 2020 | 08:01 EDT
RBC Capital analyst Mark Mahaney lowered the firm's price target on Upwork to $14 from $20 but keeps an Outperform rating on the shares. The analyst notes that the company's Q4 revenue growth decelerated to 19% with slowing net adds of 3.5K vs. 4.0K in Q4 of last year and its new CEO presented 2020 as an "investment year", focusing on attracting bigger clients and enabling more spend per client. Mahaney contends however that investors with a longer-term perspective may see upside.
News For UPWK From the Last 2 Days
UPWK
Apr 17, 2024 | 09:11 EDT
GoDaddy (GDDY) announced it will join the new Upwork Partners (UPWK) program as the first web presence partner. The Upwork Partners program includes Upwork Partner Experts, through which partners can provide their customers direct access to a curated set of trusted expert independent professionals deeply experienced in working with the partner's technologies. The GoDaddy Experts page on Upwork spotlights available GoDaddy WordPress and web development experts within the global network of independent talent available on Upwork.