Deutsche Bank Maintains Hold on Bumble, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Benjamin Black maintains a Hold rating on Bumble (NASDAQ:BMBL) but lowers the price target from $11 to $7.
August 08, 2024 | 4:20 pm
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Deutsche Bank analyst Benjamin Black maintains a Hold rating on Bumble but lowers the price target from $11 to $7.
The lowered price target from $11 to $7 by Deutsche Bank indicates a bearish outlook on Bumble's stock, which is likely to negatively impact its short-term price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100