Bumble posts quarterly sales drop amid slow payoff from app overhaul

Go back to Bumble posts quarterly sales drop amid slow payoff from app overhaul

Bumble Inc. (BMBL) PT Raised to $8 at Citi

November 7, 2024 5:29 AM EST

Citi analyst Ygal Arounian raised the price target on Bumble Inc. (NASDAQ: BMBL) to $8.00 (from $6.00) while maintaining a Neutral rating.

The analyst comments "While Bumble delivered good enough 3Q24 results and 4Q24 guidance, strategic initiatives are still early, and real... More