JMP Securities Maintains Market Outperform on Bandwidth, Raises Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Patrick Walravens has maintained a Market Outperform rating on Bandwidth (NASDAQ:BAND) and increased the price target from $32 to $36.
May 08, 2024 | 5:52 pm
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Bandwidth's price target has been raised from $32 to $36 by JMP Securities, with a maintained Market Outperform rating.
The increase in price target by JMP Securities reflects a positive outlook on Bandwidth's performance, likely leading to increased investor confidence and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100