HomeLifestyleRetailBumble (BMBL) Trades Higher On Keybanc Upgrade

Bumble (BMBL) Trades Higher On Keybanc Upgrade

Bumble (BUMBL) has been upgraded to overweight from sector weight with a $27 price target by Keybanc. The Keybanc analyst notes that credit and debit card data suggests that pay trends remained solid in December. The analyst also sees BUMBL sustaining 20% annual revenue growth. George Tsilis joins to discuss BUMBL as it's trading higher after Keybanc upgrade. He compares BUMBL to META, IAC and MTCH. He then demonstrates an example trade using BMBL. The trade type is sell a put and the direction is neutral to bullish. Tune in to find out more about the stock market today.

Trading 360

10 Jan 2023

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