Bandwidth (NASDAQ:BAND) Trading 7% Higher After Analyst Upgrade

Market Beat
2026.05.15 14:51
portai
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Bandwidth Inc. (NASDAQ:BAND) saw its stock price rise 7% after Citizens Jmp upgraded its price target from $45 to $70, maintaining a market outperform rating. The stock traded as high as $54.95, closing at $55.7490. Other analysts, including Zacks and Needham, have also raised their ratings and price targets, reflecting growing optimism about the company's outlook. However, insider selling has raised some caution among investors.