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.
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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.
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