Bending Spoons (NASDAQ:BSP) Upgraded by Benchmark to Strong-Buy Rating

Benchmark upgraded shares of Bending Spoons (NASDAQ:BSP) to a strong-buy rating in a report issued on Monday morning,Zacks.com reports.

A number of other brokerages have also weighed in on BSP. Wells Fargo & Company started coverage on shares of Bending Spoons in a research note on Monday. They set an “overweight” rating and a $45.00 target price for the company. JPMorgan Chase & Co. started coverage on Bending Spoons in a research note on Monday. They issued a “neutral” rating and a $35.00 price target on the stock. Wall Street Zen raised Bending Spoons to a “hold” rating in a report on Sunday, July 12th. Bank of America initiated coverage on Bending Spoons in a research report on Monday. They set a “neutral” rating and a $37.00 price objective for the company. Finally, BNP Paribas Exane initiated coverage on Bending Spoons in a report on Monday. They issued an “outperform” rating and a $40.00 target price on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company 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 $32.69 on Monday. Bending Spoons has a 52 week low of $30.11 and a 52 week high of $43.98.

Bending Spoons (NASDAQ:BSP) last issued its quarterly earnings data on Monday, June 8th. The company reported $0.32 earnings per share for the quarter. The company had revenue of $601.32 million for the quarter.