Bending Spoons (NASDAQ:BSP – Get Free Report) was downgraded by equities researchers at Bank of America from a “neutral” rating to an “underperform” rating in a report issued on Wednesday, Marketbeat Ratings reports. They presently have a $39.00 target price on the stock. Bank of America‘s target price indicates a potential downside of 27.02% from the stock’s previous close.
Several other analysts also recently weighed in on BSP. Wall Street Zen upgraded Bending Spoons to a “hold” rating in a research note on Sunday, July 12th. Zacks Research upgraded Bending Spoons to a “hold” rating in a research note on Tuesday, July 28th. Jefferies Financial Group set a $38.00 target price on Bending Spoons and gave the stock a “hold” rating in a report on Sunday, July 26th. Wells Fargo & Company began coverage on shares of Bending Spoons in a research note on Monday, July 27th. They set an “overweight” rating and a $45.00 price objective on the stock. Finally, BNP Paribas Exane began coverage on shares of Bending Spoons in a research report on Monday, July 27th. They set an “outperform” rating and a $40.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $43.30.
Get Our Latest Analysis on BSP
Bending Spoons Price Performance
Bending Spoons (NASDAQ:BSP – Get Free Report) last posted its quarterly earnings data on Monday, June 8th. The company reported $0.32 earnings per share for the quarter. The business had revenue of $601.32 million during the quarter. As a group, equities research analysts anticipate that Bending Spoons will post 1.27 earnings per share for the current fiscal year.
About Bending Spoons
Bending Spoons S.p.A. is a technology company. It acquires digital businesses, implements deep transformations and ongoing optimizations to sustainably expand earnings and reinvests in additional acquisitions, thereby continuing the compounding cycle. Bending Spoons S.p.A. is based in MILAN.
Recommended Stories
- Five stocks we like better than Bending Spoons
- Fastly’s Q2 Rally Shows Investors Are Buying the Edge AI Turnaround
- Paramount’s 30-Film Promise Puts AMC Back in the Box Office Conversation
- DraftKings’ Predictions Push Could Be the Bet That Matters Most
- Atlassian Just Pulled Off the Software Comeback Wall Street Wanted
Receive News & Ratings for Bending Spoons Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bending Spoons and related companies with MarketBeat.com's FREE daily email newsletter.
