Piper Sandler Maintains Neutral on Bumble, Lowers Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Matt Farrell maintains a Neutral rating on Bumble (NASDAQ:BMBL) and lowers the price target from $20 to $18.

June 02, 2023 | 1:12 pm
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Piper Sandler analyst Matt Farrell maintains a Neutral rating on Bumble and lowers the price target from $20 to $18.
The news directly mentions Bumble and the lowered price target by Piper Sandler analyst Matt Farrell. This may cause some investors to reconsider their positions, but the Neutral rating suggests that the stock is not expected to have significant short-term price movement. The lowered price target may have a limited impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100