Rises up and goes (7)

I believe the answer is:

upturns

'rises' is the definition.
(I've seen this before)

'up and goes' is the wordplay.
'and' means one lot of letters go next to another.
'goes' becomes 'turns' (turning is a kind of going).
'up'+'turns'='UPTURNS'

(Other definitions for upturns that I've seen before include "Rises" , "periods of economic success" .)

I've seen this clue in the Sydney Morning Herald.

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