Keybanc Maintains Overweight on Bumble, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Justin Patterson maintains an Overweight rating on Bumble (NASDAQ:BMBL) but lowers the price target from $11 to $8.

August 13, 2024 | 12:21 pm
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Keybanc analyst Justin Patterson maintains an Overweight rating on Bumble but lowers the price target from $11 to $8.
The lowered price target from $11 to $8 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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