Upland Software Inc. (NASDAQ:UPLD) was upgraded by Zacks Investment Research from a “hold” rating to a “strong-buy” rating in a note issued to investors on Wednesday. The brokerage presently has a $9.75 price objective on the stock. Zacks Investment Research’s target price would indicate a potential upside of 15.80% from the stock’s previous close.

According to Zacks, “Upland Software Inc. is a provider of cloud-based Enterprise Work Management software that helps organizations to plan, manage and execute projects and work. It provides services to teams in Information Technology (IT), marketing, finance, professional services and process excellences. The Company’s services include Professional Services, Education and Training and Global Support. Upland Software, Inc. is headquartered in Austin, Texas. “

Other equities analysts have also issued reports about the stock. Canaccord Genuity reiterated a “buy” rating and issued a $11.00 target price on shares of Upland Software in a report on Friday, November 11th. Needham & Company LLC set a $11.00 target price on shares of Upland Software and gave the company a “buy” rating in a report on Friday, November 11th.

Upland Software (NASDAQ:UPLD) opened at 8.42 on Wednesday. Upland Software has a one year low of $5.95 and a one year high of $10.60. The company’s 50-day moving average is $8.49 and its 200 day moving average is $8.04. The stock’s market capitalization is $148.20 million.

Institutional investors have recently modified their holdings of the company. RBF Capital LLC raised its position in shares of Upland Software by 0.8% in the third quarter. RBF Capital LLC now owns 11,717 shares of the company’s stock valued at $103,000 after buying an additional 91 shares in the last quarter. Spark Investment Management LLC raised its position in shares of Upland Software by 30.3% in the second quarter. Spark Investment Management LLC now owns 18,500 shares of the company’s stock valued at $140,000 after buying an additional 4,300 shares in the last quarter. Emancipation Management LLC raised its position 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 valued at $483,000 after buying an additional 8,438 shares in the last quarter. White Pine Capital LLC raised its position in shares of 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. Finally, Vanguard Group Inc. raised its position 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 valued at $828,000 after buying an additional 11,200 shares in the last quarter. Hedge funds and other institutional investors own 5.71% of the company’s stock.

Upland Software Company Profile

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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