Loop Capital Upgrades Bumble to Buy, Announces $18 Price Target
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Laura Champine has upgraded Bumble (NASDAQ:BMBL) from Hold to Buy and set a price target of $18.
September 29, 2023 | 10:20 am
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Bumble's stock has been upgraded to Buy from Hold by Loop Capital, with a new price target of $18.
The upgrade from Hold to Buy indicates that the analyst believes Bumble's stock will perform well in the short term. The new price target of $18 also suggests an expected increase in the stock's value. This could lead to increased investor interest and a potential rise in the stock's price.
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