Bumble revenue beats estimates on paying users strength, shares jump
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Bumble Inc. (BMBL) PT Raised to $18 at Evercore ISI
May 9, 2024 5:05 AM EDTEvercore ISI analyst Mark Mahaney raised the price target on Bumble Inc. (NASDAQ: BMBL) to $18.00 (from $17.00) while maintaining a Outperform rating.
The analyst comments "Our View: We reiterate Outperform and modestly raised PT to $18 on BMBL in the wake of a Modest Beat & Lower Q1 EPS results. Q2 guide came in modestly softer than expectations, on greater FX headwind (2-pt impact to Q2, 1.5-pt... More
