Morgan Stanley Maintains Equal-Weight on Bumble, Lowers Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Brian Nowak has maintained an Equal-Weight rating on Bumble (NASDAQ:BMBL) and lowered the price target from $22 to $17.
November 08, 2023 | 8:55 pm
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Morgan Stanley has maintained an Equal-Weight rating on Bumble and lowered the price target from $22 to $17.
The lowering of the price target by Morgan Stanley indicates a less optimistic outlook for Bumble's stock, which could potentially lead to a decrease in its stock price in the short term.
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RELEVANCE 100