Upwork (NASDAQ: NASDAQ:UPWK ) has emerged as a standout stock, gaining significant traction in the market after a noteworthy upgrade from Jefferies, shifting its rating from Hold to Buy. This upgrade has sparked a 10% surge in Upwork's stock value. Accelerated Revenue Growth in 2024: The driving force behind Jefferies' bullish stance on Upwork lies in the...
Hey Traders! Today, I want to share an exciting technical analysis discovery I made on the stock of Upwork Inc. ( NASDAQ:UPWK ). It seems that a bullish falling wedge pattern is forming, indicating a potential reversal in the near future. Let's dive into the details! 📈 Ticker: NASDAQ:UPWK 📅 Timeframe: Daily Chart 📊 Pattern: Falling Wedge 📉 What is a Falling...
Upwork new price target: $ 65 When: Before March 8 Growth: 20.3 % Buy: YES If this is a real bottom, expect Upwork to continue up.. Trade at your own risks