Fiverr (FVRR): $175 Price Target From MKM Partners

By Amit Chowdhry ● Nov 16, 2021
  • The shares of Fiverr International Ltd (NYSE: FVRR) have received a price target of $175 from MKM Partners. These are the details.

The shares of Fiverr International Ltd (NYSE: FVRR) have received a price target of $175 from MKM Partners. And MKM Partners analyst Rohit Kulkarni increased the price target on Fiverr from MKM while maintaining a “Neutral” rating on the shares.

Kulkarni noted that the company’s third-quarter results were better than feared especially given the recent earnings by e-commerce and digital advertising companies that blamed supply chain issues and labor shortages. But Kulkarni noted that the key yellow flag was that Fiverr added fewer new buyers in the past six months than each of the peak COVID quarters.

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