Piper Sandler Maintains Neutral on Bumble, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Matt Farrell maintains a Neutral rating on Bumble (NASDAQ:BMBL) but lowers the price target from $13 to $7.
August 08, 2024 | 11:29 am
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Piper Sandler analyst Matt Farrell maintains a Neutral rating on Bumble but lowers the price target from $13 to $7.
The lowered price target from $13 to $7 by Piper Sandler suggests a negative outlook on Bumble's stock performance, likely leading to a short-term decline in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100