Upland Software (NASDAQ:UPLD) Upgraded to Buy by StockNews.com

StockNews.com upgraded shares of Upland Software (NASDAQ:UPLDFree Report) from a hold rating to a buy rating in a report published on Monday morning.

Other research analysts have also recently issued reports about the stock. Roth Mkm cut shares of Upland Software from a neutral rating to a sell rating and set a $3.50 price target on the stock. in a report on Friday, November 10th. Roth Capital cut shares of Upland Software from a neutral rating to a sell rating in a report on Friday, November 10th. Two analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of Hold and an average price target of $4.88.

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Upland Software Trading Up 4.5 %

NASDAQ UPLD opened at $4.89 on Monday. The company’s 50-day moving average price is $4.29 and its 200-day moving average price is $4.02. The company has a current ratio of 2.39, a quick ratio of 2.39 and a debt-to-equity ratio of 3.18. The stock has a market cap of $153.55 million, a PE ratio of -0.82 and a beta of 1.06. Upland Software has a 12 month low of $2.42 and a 12 month high of $8.84.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in UPLD. Rice Hall James & Associates LLC boosted its holdings in shares of Upland Software by 3.2% in the 1st quarter. Rice Hall James & Associates LLC now owns 32,434 shares of the software maker’s stock valued at $571,000 after buying an additional 1,001 shares in the last quarter. Swiss National Bank boosted its holdings in shares of Upland Software by 9.3% in the 1st quarter. Swiss National Bank now owns 61,400 shares of the software maker’s stock valued at $1,081,000 after buying an additional 5,200 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of Upland Software by 3.6% in the 1st quarter. Bank of New York Mellon Corp now owns 126,674 shares of the software maker’s stock valued at $2,230,000 after buying an additional 4,439 shares in the last quarter. MetLife Investment Management LLC boosted its holdings in shares of Upland Software by 56.6% in the 1st quarter. MetLife Investment Management LLC now owns 15,875 shares of the software maker’s stock valued at $280,000 after buying an additional 5,736 shares in the last quarter. Finally, Rhumbline Advisers boosted its holdings in shares of Upland Software by 3.6% in the 1st quarter. Rhumbline Advisers now owns 28,995 shares of the software maker’s stock valued at $511,000 after buying an additional 1,007 shares in the last quarter. 77.78% of the stock is currently owned by institutional investors.

About Upland Software

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Upland Software, Inc provides cloud-based enterprise work management software in the United States, the United Kingdom, Canada, and internationally. It offers a family of software applications under the Upland brand in the areas of marketing, sales, contact center, project management, information technology, business operations, and human resources and legal.

Further Reading

Analyst Recommendations for Upland Software (NASDAQ:UPLD)

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