HSBC Initiates Coverage On Bumble with Buy Rating, Announces Price Target of $20.3
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Mohammed Khallouf has initiated coverage on Bumble (NASDAQ:BMBL) with a Buy rating and a price target of $20.3.
September 26, 2023 | 8:46 am
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HSBC has initiated coverage on Bumble with a Buy rating and a price target of $20.3, which could positively impact the stock's performance.
Analyst ratings and price targets can significantly influence a stock's performance. In this case, HSBC's Buy rating and price target of $20.3 for Bumble indicates a positive outlook for the company, which could lead to an increase in its stock price.
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