Bending Spoons (NASDAQ:BSP) Rating Increased to Strong-Buy at Wells Fargo & Company

Bending Spoons (NASDAQ:BSP) was upgraded by stock analysts at Wells Fargo & Company to a “strong-buy” rating in a report issued on Monday,Zacks.com reports.

Several other brokerages have also recently issued reports on BSP. Evercore assumed coverage on shares of Bending Spoons in a research note on Monday. They set an “in-line” rating and a $36.00 price objective for the company. Sanford C. Bernstein began coverage on Bending Spoons in a report on Monday. They set an “outperform” rating and a $40.00 target price on the stock. Benchmark initiated coverage on Bending Spoons in a research report on Monday. They issued a “buy” rating and a $45.00 price target for the company. Mizuho began coverage on Bending Spoons in a report on Monday. They issued an “outperform” rating and a $45.00 price target for the company. Finally, Bank of America started coverage on Bending Spoons in a report on Monday. They issued a “neutral” rating and a $37.00 price target for the company. Three investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Bending Spoons currently has an average rating of “Moderate Buy” and a consensus price target of $40.40.

Bending Spoons Price Performance

Shares of BSP stock opened at $33.26 on Monday. Bending Spoons has a fifty-two week low of $30.11 and a fifty-two week high of $43.98.