Bank of America Securities analyst Brent Navon CFA reiterated a Sell rating on BuzzFeed (BZFD – Research Report) today and set a price target of $1.80. The company’s shares closed yesterday at $1.28.
According to TipRanks, Navon CFA is a 2-star analyst with an average return of 51.5% and a 100.00% success rate.
Currently, the analyst consensus on BuzzFeed is a Moderate Sell with an average price target of $1.80.
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The company has a one-year high of $5.71 and a one-year low of $0.64. Currently, BuzzFeed has an average volume of 12.51M.
Based on the recent corporate insider activity of 51 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BZFD in relation to earlier this year.
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BuzzFeed is a digital media company. It offers news, entertainment, and shareable food content through its portfolio of online brands, including HuffPost, BuzzFeed Entertainment, and Tasty.
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