Evercore ISI cuts Bumble stock price target to $5 from $7 on user decline
NegativeFinancial Markets

Evercore ISI has lowered its price target for Bumble's stock from $7 to $5 due to a decline in user numbers. This adjustment reflects concerns about the company's growth potential and market performance, which could impact investor confidence and the overall valuation of Bumble. As user engagement is crucial for social platforms, this news is significant for stakeholders and could influence future investment decisions.
— via World Pulse Now AI Editorial System




