Upland Software Inc. (NASDAQ:UPLD) has been assigned a $11.00 price target by stock analysts at Needham & Company LLC in a research report issued to clients and investors on Friday. The firm presently has a a “buy” rating on the stock. Needham & Company LLC’s price target would suggest a potential upside of 31.58% from the stock’s previous close.

Separately, Canaccord Genuity reaffirmed a “buy” rating on shares of Upland Software in a research note on Friday, August 12th.

Upland Software (NASDAQ:UPLD) opened at 8.36 on Friday. The firm’s market capitalization is $147.14 million. The stock’s 50 day moving average is $8.51 and its 200-day moving average is $8.04. Upland Software has a 52 week low of $5.95 and a 52 week high of $10.60.

Large investors have recently modified their holdings of the company. Skylands Capital LLC increased its stake in shares of Upland Software by 11.7% in the third quarter. Skylands Capital LLC now owns 228,933 shares of the company’s stock worth $2,017,000 after buying an additional 23,983 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Upland Software by 11.5% in the second quarter. Vanguard Group Inc. now owns 108,672 shares of the company’s stock worth $828,000 after buying an additional 11,200 shares during the last quarter. Emancipation Management LLC increased its stake in shares of Upland Software by 15.3% in the second quarter. Emancipation Management LLC now owns 63,438 shares of the company’s stock worth $483,000 after buying an additional 8,438 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Upland Software by 9.7% in the first quarter. Geode Capital Management LLC now owns 26,535 shares of the company’s stock worth $182,000 after buying an additional 2,353 shares during the last quarter. Finally, White Pine Capital LLC increased its stake in Upland Software by 87.5% in the second quarter. White Pine Capital LLC now owns 22,500 shares of the company’s stock valued at $171,000 after buying an additional 10,500 shares in the last quarter. Institutional investors and hedge funds own 5.71% of the company’s stock.

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.

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