Fintel reports that on May 10, 2024, B of A Securities upgraded their outlook for Bumble (NasdaqGS:BMBL) from Neutral to Buy. As of May 8, 2024, the average one-year price target for Bumble is 15.44.
Bumble is a dating app created in 2014 by Whitney Wolfe Herd. Wolfe Herd was CEO of Bumble until the start of 2024, when she stepped down (though remains as executive chair) and Lidiane Jones became ...
Bumble has rebounded ~20% YTD despite ongoing paid user declines and industry headwinds. I maintain a 'Sell' rating, citing persistent user attrition and skepticism about near-term revenue ...