- The shares of Bumble, Inc (NASDAQ: BMBL) have received a price target of $77 by BTIG. These are the details.
The shares of Bumble, Inc (NASDAQ: BMBL) have received a price target of $77 by BTIG. And BTIG analyst Jake Fuller assigned Bumble shares a “Buy” rating on the company.
Fuller had cited that the online dating industry looks appealing with a strong secular growth and margin profile. And the near-term reopening economic tailwinds as in-person interaction is becoming more viable.
Fuller told investors in a research note that this year should see a pricing tailwind for Bumble tied to Bumble Premium and a rising propensity to pay in a vaccine environment.
Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.
