Citizens raised the firm’s price target on Bandwidth (BAND) to $45 from $36 and keeps an Outperform rating on the shares. The company reported “very strong” Q1 results, with revenue rising 20% year-over-year, a dramatic acceleration from down 1% last quarter as the firm begins to see AI voice agents drive usage of Bandwidth’s network, the analyst tells investors in a research note. The firm added that Bandwidth remains an attractive opportunity for capital appreciation.
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- Bandwidth sees Q2 adjusted EPS 35c-37c, consensus 34c
- Bandwidth raises FY26 adjusted EPS view to $1.77-$1.83 from $1.66-$1.74
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