Raymond James Stick to Their Buy Rating for Upland Software
Investing.com
Published Jan 20, 2021 04:45PM ET
Raymond James analyst Brian Peterson reiterated a Buy rating on Upland Software (NASDAQ:UPLD) on Wednesday, setting a price target of $55, which is approximately 16.72% above the present share price of $47.12.
Peterson expects Upland Software to post earnings per share (EPS) of -$0.42 for the first quarter of 2021.
The current consensus among 5 TipRanks analysts is for a Strong Buy rating of shares in Upland Software, with an average price target of $55.6.
The analysts price targets range from a high of $60 to a low of $50.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $74.18 million and a net profit of $893 thousand. The company's market cap is $1.34 billion.
According to TipRanks.com, Raymond James analyst Brian Peterson is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 36.1% and a 78.21% success rate.
Upland Software, Inc. engages in the provision of cloud-based enterprise work management software applications for the information technology, marketing, finance, professional services, and process functions within organizations. Its applications address enterprise work challenges in the following categories: Project & Information Technology Management, Workflow Automation, and Digital Engagement. The company was founded by John T. McDonald in July 2010 and is headquartered in Austin, TX.
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Written By: Investing.com
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