Fiverr International (FVRR) Gets a Hold Rating from J.P. Morgan

J.P. Morgan analyst Doug Anmuth maintained a Hold rating on Fiverr International (FVRRResearch Report) yesterday and set a price target of $38.00. The company’s shares closed last Thursday at $40.24, close to its 52-week low of $29.04.

According to TipRanks.com, Anmuth is a 5-star analyst with an average return of 18.1% and a 60.1% success rate. Anmuth covers the Technology sector, focusing on stocks such as Spotify Technology SA, Alphabet Class C, and Alphabet Class A.

Fiverr International has an analyst consensus of Moderate Buy, with a price target consensus of $42.57.

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Fiverr International’s market cap is currently $1.49B and has a P/E ratio of -15.99.

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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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