Goldman Sachs Maintains Buy on Bumble, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Alexandra Steiger maintains a Buy rating on Bumble (NASDAQ:BMBL) but has lowered the price target from $23 to $20.
November 08, 2023 | 1:35 pm
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Goldman Sachs maintains a Buy rating on Bumble but lowers the price target from $23 to $20.
The news is directly related to Bumble. While the maintained Buy rating is positive, the lowered price target might indicate a potential downside, which could have a neutral to slightly negative impact on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100