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Fly News Breaks for November 7, 2019
UPWK
Nov 7, 2019 | 08:26 EDT
RBC Capital analyst Mark Mahaney lowered his price target on Upwork to $20 after its mixed Q3 results, with revenue and EBITDA topping forecasts and Q4 guidance coming in below expectations. The analyst is keeping his Outperform rating, stating that the company's further investments in enterprise sales should benefit the company long-term.
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