Fiverr International (FVRR) Receives a Buy from Needham


Needham analyst Brad Erickson assigned a Buy rating to Fiverr International (FVRR) today and set a price target of $155.00. The company’s shares closed last Wednesday at $120.55.

According to TipRanks.com, Erickson is a 5-star analyst with an average return of 21.2% and a 53.7% success rate. Erickson covers the Technology sector, focusing on stocks such as ANGI Homeservices, Uber Technologies, and Shutterstock.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Fiverr International with a $74.43 average price target.

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The company has a one-year high of $105.96 and a one-year low of $17.11. Currently, Fiverr International has an average volume of 787.9K.

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Fiverr International Ltd. develops an e-commerce platform that allows the people to buy and sell digital services. It operates through the following geographical segments: U.S., Europe, Asia Pacific, Rest of the World, and Israel. The firm offers digital marketing, graphics and design, video and animation, writing and translation, and music and audio. The company was founded by Micha Kaufman and Shai Wininger in 2009 and is headquartered in Tel Aviv, Israel.

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