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

Sanford C. Bernstein upgraded shares of Bending Spoons (NASDAQ:BSP) to a strong-buy rating in a research report released on Monday morning,Zacks.com reports.

Several other research firms have also recently issued reports on BSP. JPMorgan Chase & Co. initiated coverage on Bending Spoons in a research report on Monday. They set a “neutral” rating and a $35.00 target price for the company. Benchmark initiated coverage on Bending Spoons in a research report on Monday. They set a “buy” rating and a $45.00 target price for the company. Jefferies Financial Group set a $38.00 target price on shares of Bending Spoons and gave the company a “hold” rating in a report on Sunday. Wells Fargo & Company assumed coverage on shares of Bending Spoons in a research report on Monday. They issued an “overweight” rating and a $45.00 price target on the stock. Finally, Wall Street Zen raised shares of Bending Spoons to a “hold” rating in a research note on Sunday, July 12th. Three equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $40.40.

Bending Spoons Trading Down 2.3%

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