Fintel reports that on May 10, 2024, B of A Securities upgraded their outlook for Bumble (NasdaqGS:BMBL) from Neutral to Buy. As of May 8, 2024, the average one-year price target for Bumble is 15.44.
Bumble's stock has fallen 89% since its IPO, presenting a buying opportunity due to its low forward P/S ratio and long-term growth potential in online dating. Online dating is becoming increasingly ...
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