Keybanc Downgrades Bumble to Sector Weight
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Justin Patterson has downgraded Bumble (NASDAQ:BMBL) from Overweight to Sector Weight, indicating a more cautious outlook on the stock.
September 27, 2024 | 10:52 am
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Keybanc analyst Justin Patterson downgraded Bumble from Overweight to Sector Weight, suggesting a more cautious stance on the stock.
The downgrade from Overweight to Sector Weight by Keybanc suggests a less optimistic view on Bumble's stock performance. This could lead to a negative short-term impact on the stock price as investors may adjust their positions based on the analyst's revised outlook.
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