Increasing unusual put option volume: PAYC PTEN NDAQ TGTX LW APA JOBY APTV BMBL

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Bumble Inc. (BMBL) PT Lowered to $8 at RBC Capital

August 8, 2024 6:19 AM EDT

RBC Capital analyst Brad Erickson lowered the price target on Bumble Inc. (NASDAQ: BMBL) to $8.00 (from $16.00) while maintaining a Outperform rating.

The analyst comments "To say BMBL had a tough qtr would be an understatement. Through a combination of top-of-funnel softness and self-inflicted... More

Evercore ISI Downgrades Bumble Inc. (BMBL) to In Line

August 8, 2024 5:16 AM EDT

Evercore ISI analyst Mark Mahaney downgraded Bumble Inc. (NASDAQ: BMBL) from Outperform to In Line with a price target of $8.00 (from $18.00).

The analyst comments "We are downgrading BMBL to In-Line with $8 PT in the wake of a Modest Miss & Materially Lower Q2 EPS result. Q2... More