Morgan Stanley lowered the firm’s price target on Bumble (BMBL) to $3.50 from $6 and keeps an Equal Weight rating on the shares following model changes from Q3 earnings among the analyst’s small-to-mid cap internet coverage.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BMBL:
- Bumble price target lowered to $4.50 from $7 at Susquehanna
- Bumble’s Mixed Prospects: Hold Rating Amid Trust Challenges and Future Growth Opportunities
- Bumble price target lowered to $5 from $6.50 at UBS
- Bumble’s Strategic Shift Amid Revenue Challenges
- Bumble price target lowered to $5 from $7 at Evercore ISI
