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Which Internet Company Reporting This Week Has Favorable Risk/Reward Ratio? Analyst Picks Fiverr and Bumble, Flags Others

RBC Capital analyst Brad Erickson lists nine companies reporting in the firm's universe this week. 

In terms of tactical opportunities, Fiverr International Ltd (NYSE: FVRR) (Sector Perform, price target $34) and Bumble Inc (NASDAQ: BMBL) (Outperform, price target $23) stand out as having the most favorable risk/ rewards of the group in his view. 

The analyst projects 3Q revenue of $91.3 million for Fiverr (consensus $91.2 million) and $276.0 million for Bumble (consensus $277.0 million).

Regarding end-market commentary, mobility/delivery demand likely remains strong in the face of a seemingly more challenged consumer (Uber Technologies, Inc (NYSE: UBER) has an Outperform rating and $58 price target. Lyft, Inc (NASDAQ: LYFT) has a Sector ...

Full story available on Benzinga.com


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