Oppenheimer analyst Jason Helfstein lowered the firm’s price target on Fiverr (FVRR) to $30 from $35 and keeps an Outperform rating on the shares. The firm notes the company announced a 30% headcount reduction to optimize headcount for AI future – fewer, but higher-performing engineers and a reduction in middle management. The company is strategically betting that all companies will need assistance bringing AI-enabled services into their businesses, Oppenheimer says.
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