Bending Spoons (NASDAQ:BSP) Upgraded by BNP Paribas Exane to “Strong-Buy” Rating

Bending Spoons (NASDAQ:BSP) was upgraded by analysts at BNP Paribas Exane to a “strong-buy” rating in a research report issued on Monday,Zacks.com reports.

A number of other brokerages also recently issued reports on BSP. Bank of America initiated coverage on Bending Spoons in a research report on Monday. They set a “neutral” rating and a $37.00 price objective for the company. JPMorgan Chase & Co. started coverage on shares of Bending Spoons in a research report on Monday. They issued a “neutral” rating and a $35.00 target price on the stock. Evercore started coverage on shares of Bending Spoons in a research note on Monday. They set a “hold” rating and a $36.00 target price for the company. The Goldman Sachs Group assumed coverage on shares of Bending Spoons in a research report on Monday. They set a “buy” rating and a $43.00 price target for the company. Finally, Sanford C. Bernstein initiated coverage on shares of Bending Spoons in a research note on Monday. They issued an “outperform” rating and a $40.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, Bending Spoons currently has a consensus rating of “Moderate Buy” and an average target price of $40.40.

Bending Spoons Stock Performance

BSP stock opened at $32.70 on Monday. Bending Spoons has a 52-week low of $30.11 and a 52-week high of $43.98.

Bending Spoons (NASDAQ:BSP) last posted its earnings results on Monday, June 8th. The company reported $0.32 EPS for the quarter. The business had revenue of $601.32 million during the quarter.