** Video-hosting platform Vimeo's shares rise 7.6% to $7.53 premarket

** Brokerage Piper Sandler upgrades stock to "overweight" from "neutral"

** Says co has spent the last two years resetting the cost structure

** Also says co's enterprise business has flourished, and will likely return the business to growth regardless of the outcome in self-serve segment

** Says new CEO Philip Moyer brings valuable enterprise software experience; raises PT by $3 to a Street high of $10

** Three of five brokerages rate the stock "buy" or higher, and two "hold"; median PT is $7

** Up to Monday's close, stock has risen 78.6% YTD

(Reporting by Neil J Kanatt in Bengaluru)

((Neil.JKanatt@thomsonreuters.com;))