Wolfe Research downgraded Bumble (BMBL) to Peer Perform from Outperform. The firm sees execution post a product reset, the recent CFO exit, rising competition, and slowing industry growth as key risk factors. The analyst expects a conservative 2025 guidance, and views Bumble as a trading asset versus an investment asset over the near-to-medium term.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BMBL: