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Citi starts Bumble (BMBL) at Buy; says they have 'the right pieces in place to see improvements'

Go back to Citi starts Bumble (BMBL) at Buy; says they have 'the right pieces in place to see improvements'

FedEx, Nvidia and Bumble rise premarket; First Republic, Credit Suisse fall

March 17, 2023 8:13 AM EDT

By Peter Nurse

Investing.com -- Stocks in focus in premarket trade on Friday, March 17th. Please refresh for updates.

First Republic Bank (NYSE:... More

Citi Starts Bumble Inc. (BMBL) at Buy, 'Core Bumble App Continues to Take Share and New Product Features Begin to Take Hold'

March 17, 2023 5:20 AM EDT

Citi analyst Ygal Arounian initiates coverage on Bumble Inc. (NASDAQ: BMBL) with a Buy rating and a price target of $24.00.

The analyst comments "We initiate coverage of BMBL with a Buy rating and $24 target price. Bumble currently has one of the best growth rates... More