Analyst Alert: Analysts cut targets on Rumble Stock (RUM:NSD)

Rumble stock analysis by Stock Target Advisor is Bearish. Based on 1 positive and 5 negative indications.

Rumble Stock Analyst Rating

On Friday, Robert W. Baird reiterated their coverage of Rumble Stock. An Outperform rating and the target cut on the stock’s 12-month target to $10 from $15 per share.
 
STA Research also cut the target on the stock to $14 from $20, and maintained the Buy rating on the company’s stock.
 

Rumble Stock Analysis

 
Rumble Stock average 12-month target price will be USD 12.50. The Consensus Analyst rating for Rumble Inc. Rumble stock analysis by Stock Target Advisor is Bearish. Based on 1 positive and 5 negative indications. The stock price of Rumble was USD 9.47 at the most recent closing. The stock price of Rumble has fluctuated by +0.00% over the previous week, +32.26% over the previous month.

Rumble Inc. (RUM:NSD) Long term Bullish Play, YouTube challenger!

Rumble looks like the platform is gaining steam as it recently snagged Russell Brand to it’s platform

CEO- of STA Research-Don Lawrence (Financial Analyst and veteran trader) talks about Rumble‘s successful merger with CF Acquisition Corp. The stock just broke it’s short term support level, and is trending downward with the market. Don asserts the stock is a great long term play, however the stock’s possible bottom is murky. Rumble looks like the platform is gaining steam as it recently snagged Russell Brand to it’s platform, and is shaping up to be a viable competitor to YouTube, further validating taking long position.