Several other brokerages have also commented on UPLD. Craig Hallum reaffirmed a buy rating and issued a $56.00 price objective (up from $52.00) on shares of Upland Software in a research report on Friday, May 31st. Zacks Investment Research lowered shares of Upland Software from a buy rating to a hold rating in a research report on Thursday, August 1st. SunTrust Banks increased their price objective on shares of Upland Software to $48.00 and gave the company a buy rating in a research report on Tuesday, April 23rd. Needham & Company LLC reaffirmed a buy rating and issued a $53.00 price objective (up from $50.00) on shares of Upland Software in a research report on Monday, June 24th. Finally, TheStreet lowered shares of Upland Software from a b- rating to a c+ rating in a research report on Wednesday, July 10th. Two investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of Buy and an average price target of $51.88.
UPLD stock opened at $42.12 on Friday. The stock has a market capitalization of $921.28 million, a price-to-earnings ratio of 35.69, a price-to-earnings-growth ratio of 1.69 and a beta of 0.57. The firm’s 50-day moving average price is $46.21. Upland Software has a one year low of $25.12 and a one year high of $54.87. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 3.23.
About Upland Software
Upland Software, Inc provides cloud-based enterprise work management software in the United States, Canada, and internationally. The company offers a family of software applications under the Upland brand in the areas of information technology (IT), process excellence and operations, finance, professional services, and marketing.
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