Ascendiant Capital Markets Lowers Banzai International (NASDAQ:BNZI) Price Target to $26.00

Banzai International (NASDAQ:BNZI) had its target price decreased by Ascendiant Capital Markets from $30.00 to $26.00 in a report issued on Monday,Benzinga reports. The brokerage presently has a “buy” rating on the stock.

Banzai International Trading Down 2.9 %

NASDAQ:BNZI opened at $1.00 on Monday. Banzai International has a 1 year low of $0.73 and a 1 year high of $20.50. The firm has a 50 day moving average of $1.14 and a 200-day moving average of $1.62.

Institutional Investors Weigh In On Banzai International

A hedge fund recently bought a new stake in Banzai International stock. Two Sigma Securities LLC bought a new stake in Banzai International, Inc. (NASDAQ:BNZI) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 27,730 shares of the company’s stock, valued at approximately $42,000. Two Sigma Securities LLC owned 0.47% of Banzai International as of its most recent SEC filing. 96.82% of the stock is currently owned by institutional investors and hedge funds.

Banzai International Company Profile

Banzai International, Inc, a marketing technology company, provides data-driven marketing and sales solutions for various businesses in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Its products include Demio, a browser-based webinar platform with data and marketing features designed to help businesses engage with their audience through live events and on-demand, interactive video content; Boost, a software-as-a-service (SaaS) solution for social sharing by event registrants; and Reach, a SaaS and managed service to increase registration and attendance of marketing events.