Buy this freelance services stock for more than 35% upside, UBS says

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Buy this freelance services stock for more than 35% upside, UBS says
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UBS thinks this Israel-based freelance services stock can grow thanks to a reacceleration in 2024.

UBS thinks Fiverr International can use a lead in job listings to pick up steam in 2024. The firm initiated the stock with a buy rating in a Tuesday note and a $33 per share price target. UBS' forecast implies more than 36% upside from Tuesday's $25.16 close. Fiverr operates as an online marketplace to bring together freelancers, or sellers, with small businesses and other buyers for a range of projects.

mountain Fiverr International stock. — CNBC's Michael Bloom contributed to this report.How to cash in on India: Citi says this sector is a better bet than tech — and names its top stock picks

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