Wells Fargo Maintains Equal-Weight on Bumble, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Ken Gawrelski maintains an Equal-Weight rating on Bumble (NASDAQ:BMBL) but lowers the price target from $10 to $7.
August 08, 2024 | 1:27 pm
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Wells Fargo analyst Ken Gawrelski maintains an Equal-Weight rating on Bumble but lowers the price target from $10 to $7.
The lowered price target from $10 to $7 by Wells Fargo suggests a less optimistic outlook for Bumble's stock performance, which could lead to a short-term decline in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100