Bending Spoons (NASDAQ:BSP) Rating Increased to Strong-Buy at Sanford C. Bernstein

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

Several other equities research analysts have also recently issued reports on the stock. Benchmark started coverage on shares of Bending Spoons in a research report on Monday. They issued a “buy” rating and a $45.00 price objective for the company. Evercore initiated coverage on shares of Bending Spoons in a research report on Monday. They set an “in-line” rating and a $36.00 target price on the stock. Wells Fargo & Company initiated coverage on shares of Bending Spoons in a research note on Monday. They set an “overweight” rating and a $45.00 price target for the company. Bank of America initiated coverage on Bending Spoons in a report on Monday. They issued a “neutral” rating and a $37.00 price target for the company. Finally, Mizuho initiated coverage on Bending Spoons in a research note on Monday. They issued an “outperform” rating and a $45.00 price objective on the stock. Three investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $40.40.

Bending Spoons Stock Down 2.3%

Shares of BSP opened at $33.26 on Monday. Bending Spoons has a 12-month low of $30.11 and a 12-month high of $43.98.