Susquehanna Maintains Positive on Bumble, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Shyam Patil has maintained a Positive rating on Bumble (NASDAQ:BMBL) but has lowered the price target from $17 to $14.
February 29, 2024 | 1:51 pm
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NEGATIVE IMPACT
Susquehanna maintains a Positive rating on Bumble but lowers the price target from $17 to $14.
The reduction in price target by Susquehanna, despite maintaining a positive outlook, could lead to short-term negative sentiment among investors, potentially impacting Bumble's stock price negatively.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100