TD Cowen Downgrades Bumble to Hold
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst John Blackledge has downgraded Bumble (NASDAQ:BMBL) from Buy to Hold.
August 16, 2024 | 9:52 am
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NEGATIVE IMPACT
TD Cowen analyst John Blackledge has downgraded Bumble from Buy to Hold, indicating a less optimistic outlook on the stock.
The downgrade from Buy to Hold by a reputable analyst suggests a less favorable view on Bumble's near-term performance, which could lead to a negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100