Raymond James Maintains Outperform Rating for Upland Software: Here's What You Need To Know

Raymond James has decided to maintain its Outperform rating of Upland Software UPLD and lower its price target from $24.00 to $17.00.

Shares of Upland Software are trading up 2.6% over the last 24 hours, at $12.23 per share.

A move to $17.00 would account for a 39.0% increase from the current share price.

About Upland Software

Upland Software Inc is a provider of cloud-based enterprise work management software. The company provides a family of cloud-based enterprise work management software applications for the information technology, process excellence, finance, professional services and marketing functions within organizations. It services customers ranging from corporations and Government agencies to small- and medium-sized businesses engaged in the field of financial services, retail, technology, manufacturing, education, consumer goods, media, and telecommunications, Government, food and beverage, healthcare and life sciences, chemicals and travel and hospitality.

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Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.