Bandwidth (BAND) Now Covered by KeyCorp

Investment analysts at KeyCorp began coverage on shares of Bandwidth (NASDAQ:BAND) in a research report issued on Tuesday. The firm set an “overweight” rating and a $29.00 price target on the stock. KeyCorp’s price target would indicate a potential upside of 28.60% from the stock’s previous close.

Separately, Robert W. Baird initiated coverage on shares of Bandwidth in a research note on Tuesday. They issued an “outperform” rating and a $28.00 target price for the company. Five analysts have rated the stock with a buy rating, The company has an average rating of “Buy” and an average price target of $29.80.

Shares of Bandwidth (NASDAQ:BAND) opened at $22.55 on Tuesday. Bandwidth has a 52 week low of $18.05 and a 52 week high of $24.15.

In other news, major shareholder James A. Bowen sold 158,526 shares of the firm’s stock in a transaction on Tuesday, November 28th. The shares were sold at an average price of $18.60, for a total value of $2,948,583.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

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About Bandwidth

Bandwidth Inc, formerly Bandwidth.com, Inc, is a cloud-based communications platform-as-a-service provider (CPaaS) that enables enterprises to create, scale and operate voice or text communications services across any mobile application or connected device or enterprises. The Company has two operating and reportable segments, CPaaS and Other.

Analyst Recommendations for Bandwidth (NASDAQ:BAND)

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