Bumble price target lowered to $14 from $17 at Susquehanna

Susquehanna lowered the firm’s price target on Bumble to $14 from $17 and keeps a Positive rating on the shares. The firm said despite the soft Q4 results they continue to view the company as having carved out a solid niche in the online dating market, with a large runway for growth, though the path from here is likely to be bumpy.