Bumble (BMBL) Gets a Buy from BTIG

In a report released on August 11, Jake Fuller from BTIG maintained a Buy rating on Bumble (BMBLResearch Report), with a price target of $38.00. The company’s shares closed yesterday at $33.71.

According to TipRanks, Fuller is a 4-star analyst with an average return of 6.6% and a 51.18% success rate. Fuller covers the Services sector, focusing on stocks such as Expedia, Booking Holdings, and Airbnb.

Currently, the analyst consensus on Bumble is a Moderate Buy with an average price target of $35.20, implying a 4.42% upside from current levels. In a report released on August 11, Raymond James also maintained a Buy rating on the stock with a $37.00 price target.

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BMBL market cap is currently $6.35B and has a P/E ratio of -884.78.

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Bumble Inc is engaged in offering online dating services. The company operates two apps, Bumble and Badoo, where users come on a monthly basis to discover new people and connect with each other.

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