KBW analyst Ryan Tomasello assigned a Hold rating to Blend Labs (BLND – Research Report) yesterday and set a price target of $2.65. The company’s shares closed yesterday at $2.36.
According to TipRanks, Tomasello is an analyst with an average return of -20.6% and a 41.18% success rate. Tomasello covers the Technology sector, focusing on stocks such as Porch Group, Blend Labs, and SmartRent.
In addition to KBW, Blend Labs also received a Hold from William Blair’s Dylan Becker in a report issued today. However, yesterday, Goldman Sachs reiterated a Buy rating on Blend Labs (NYSE: BLND).
BLND market cap is currently $608.1M and has a P/E ratio of -3.18.
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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.
