Dating app owner Bumble beats estimates on strong user growth

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Go back to Dating app owner Bumble beats estimates on strong user growth

Bumble Inc. (BMBL) PT Lowered to $30 at Jefferies

May 12, 2022 8:42 AM EDT

Jefferies analyst Brent Thill lowered the price target on Bumble Inc. (NASDAQ: BMBL) to $30.00 (from $36.00) while maintaining a Buy rating.

The analyst commented, "Q1 results impressed with 38% y/y Bumble App rev growth accelerating 10% points on a 2YR stack and FY22 rev... More