Stock analysts at JPMorgan Chase & Co. initiated coverage on shares of Fiverr International (NYSE:FVRR) in a report released on Monday, Marketbeat.com reports. The firm set a “neutral” rating and a $30.00 price target on the stock. JPMorgan Chase & Co.‘s price objective would indicate a potential upside of 22.15% from the stock’s previous close.
A number of other research analysts also recently weighed in on the stock. Citigroup started coverage on shares of Fiverr International in a research report on Monday. They issued a “neutral” rating and a $31.00 price objective for the company. UBS Group started coverage on shares of Fiverr International in a research report on Monday. They issued a “neutral” rating and a $29.00 price objective for the company. Finally, Needham & Company LLC started coverage on shares of Fiverr International in a research report on Monday. They issued a “buy” rating and a $31.00 price objective for the company. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $31.00.
NYSE FVRR traded down $1.72 on Monday, reaching $24.56. 674,772 shares of the company’s stock traded hands, compared to its average volume of 1,563,893. Fiverr International has a fifty-two week low of $24.46 and a fifty-two week high of $44.25.
Fiverr International Ltd. operates an online marketplace worldwide. Its platform enables sellers to sell their services and buyers to buy them. The company's platform includes approximately 200 categories in 8 verticals, including graphic and design, digital marketing, writing and translation, video and animation, music and audio, programming and technology, business, and lifestyle.
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