Keybanc Maintains Overweight on Bumble, Lowers Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Justin Patterson maintains an Overweight rating on Bumble (NASDAQ:BMBL) but lowers the price target from $16 to $11.

July 30, 2024 | 4:58 pm
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Keybanc analyst Justin Patterson maintains an Overweight rating on Bumble but lowers the price target from $16 to $11.
The lowered price target from $16 to $11 suggests a less optimistic outlook for Bumble's stock performance, which could lead to a short-term decline in its stock price despite the maintained Overweight rating.
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