B of A Securities Maintains Buy on Bumble, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Curtis Nagle maintains a Buy rating on Bumble (NASDAQ:BMBL) but lowers the price target from $14 to $12.
August 05, 2024 | 3:13 pm
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NEUTRAL IMPACT
B of A Securities maintains a Buy rating on Bumble but lowers the price target from $14 to $12, indicating a cautious optimism.
The Buy rating suggests continued confidence in Bumble's long-term prospects, but the lowered price target reflects some concerns about short-term performance or market conditions.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100