Bumble's App Revamp And Underwhelming Q1 Guidance Keeps The Analysts Waiting - Details Here

Bumble BMBL stock tanked after the company issued first-quarter revenue guidance below estimates and announced a quarter-over-quarter decline in paying app users.Wall Street firms cut their price targets on the stock.Piper Sandler analyst Matt Farrell maintained Bumble with a Neutral and lowered the price target from $8 to$7.Stifel analyst Mark Kelley reiterated Bumble with a Hold and lowered the price target from $7 to$6.Also Read: Garmin Q4 Earnings: Wearables and Adventure Watches Drive Growth, 20% Div ...