BMBL Investors Have Opportunity to Lead Bumble Inc. Securities Fraud Lawsuit with the …
Recently, there have been some updates in the world of Bumble Inc., the company behind the popular dating app. BofA Securities just raised their price target on Bumble to $5.75 from $5.50, while keeping their Underperform rating. This means they believe the stock may not perform as well as others in the market, but they see some potential for growth.
Similarly, Deutsche Bank upped their price target on Bumble to $8 from $7, maintaining their Hold rating. This suggests they think the stock is worth holding onto, but may not be a strong buy at the moment.
These changes in price targets can give investors some guidance on how analysts view Bumble’s performance in the market. It’s always important for investors to do their own research and consider a variety of factors before making any investment decisions.
As of the latest update, Bumble’s stock price is at $8.69 USD, showing a 5-day increase of 1.40% and a year-to-date change of +6.23%. While the stock has shown some growth this year, it’s down by -41.04% from its all-time high. Keep an eye on these numbers and do your due diligence before making any investment moves!
