Benchmark Upgrades Bending Spoons (NASDAQ:BSP) to Strong-Buy

Bending Spoons (NASDAQ:BSP) was upgraded by Benchmark to a “strong-buy” rating in a note issued to investors on Monday,Zacks.com reports.

Several other research firms have also recently weighed in on BSP. The Goldman Sachs Group assumed coverage on shares of Bending Spoons in a research report on Monday. They issued a “buy” rating and a $43.00 price objective for the company. BNP Paribas Exane began coverage on shares of Bending Spoons in a research note on Monday. They set an “outperform” rating and a $40.00 price target on the stock. JPMorgan Chase & Co. initiated coverage on shares of Bending Spoons in a report on Monday. They issued a “neutral” rating and a $35.00 price target for the company. Bank of America began coverage on shares of Bending Spoons in a research report on Monday. They issued a “neutral” rating and a $37.00 price objective for the company. Finally, Mizuho initiated coverage on Bending Spoons in a report on Monday. They set an “outperform” rating and a $45.00 price objective on the stock. Two investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, Bending Spoons currently has a consensus rating of “Moderate Buy” and a consensus target price of $40.40.

Bending Spoons Price Performance

Bending Spoons stock opened at $32.69 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 announced its earnings results 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.