Fiverr International (FVRR) Receives a Hold from RBC Capital

RBC Capital analyst Brad Erickson maintained a Hold rating on Fiverr International (FVRRResearch Report) on August 4 and set a price target of $32.00. The company’s shares closed last Friday at $40.05, close to its 52-week low of $29.04.

According to TipRanks.com, Erickson is a 5-star analyst with an average return of 18.9% and a 47.0% success rate. Erickson covers the Technology sector, focusing on stocks such as Zillow Group Class A, Alphabet Class A, and Meta Platforms.

Fiverr International has an analyst consensus of Moderate Buy, with a price target consensus of $42.57, which is an 8.2% upside from current levels. In a report issued on August 4, J.P. Morgan also maintained a Hold rating on the stock with a $38.00 price target.

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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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