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

Wells Fargo & Company upgraded shares of Bending Spoons (NASDAQ:BSP) to a strong-buy rating in a research note issued to investors on Monday,Zacks.com reports.

Several other equities research analysts have also commented on BSP. Jefferies Financial Group set a $38.00 price objective on Bending Spoons and gave the stock a “hold” rating in a research report on Sunday. BNP Paribas Exane initiated coverage on shares of Bending Spoons in a report on Monday. They set an “outperform” rating and a $40.00 price target on the stock. Sanford C. Bernstein initiated coverage on shares of Bending Spoons in a report on Monday. They set an “outperform” rating and a $40.00 price target on the stock. Benchmark initiated coverage on shares of Bending Spoons in a report on Monday. They issued a “buy” rating and a $45.00 price objective for the company. Finally, JPMorgan Chase & Co. initiated coverage on shares of Bending Spoons in a research report on Monday. They issued a “neutral” rating and a $35.00 price objective for the company. Three equities research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Bending Spoons has an average rating of “Moderate Buy” and a consensus target price of $40.40.

Bending Spoons Stock Performance

Shares of NASDAQ 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.