In a report released today, Scott Berg from Needham assigned a Buy rating to Upland Software (UPLD), with a price target of $60.00. The company’s shares closed last Thursday at $46.30.
According to TipRanks.com, Berg is a top 25 analyst with an average return of 30.9% and a 74.9% success rate. Berg covers the Technology sector, focusing on stocks such as GTY Technology Holdings, BigCommerce Holdings, and Cornerstone Ondemand.
Upland Software has an analyst consensus of Strong Buy, with a price target consensus of $55.60.
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The company has a one-year high of $51.48 and a one-year low of $20.75. Currently, Upland Software has an average volume of 249.7K.
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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.