KBW Reaffirms Their Hold Rating on Blend Labs (BLND)

In a report released yesterday, Ryan Tomasello from KBW maintained a Hold rating on Blend Labs (BLND – Research Report), with a price target of $1.85. The company’s shares closed yesterday at $2.51.

Tomasello covers the Technology sector, focusing on stocks such as Blend Labs, AppFolio, and Porch Group. According to TipRanks, Tomasello has an average return of -30.1% and a 41.67% success rate on recommended stocks.

Currently, the analyst consensus on Blend Labs is a Moderate Buy with an average price target of $2.24.

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The company has a one-year high of $2.75 and a one-year low of $0.53. Currently, Blend Labs has an average volume of 1.11M.

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Blend Labs (BLND) Company Description:

Blend Labs Inc is a cloud based platform. It supports and simplifies applications for mortgages, consumer loans, and deposit accounts.

Read More on BLND:

• Wells Fargo upgrades Blend Labs to Overweight, raises price target to $3.50
• Blend Labs upgraded to Overweight from Equal Weight at Wells Fargo
• Blend Labs price target raised by 35c at Keefe Bruyette, here’s why