Analysts at JMP Securities began coverage on shares of Bandwidth (NASDAQ:BAND) in a report released on Tuesday, The Fly reports. The brokerage set an “outperform” rating on the stock.

Other equities analysts also recently issued reports about the company. Robert W. Baird began coverage on Bandwidth in a research note on Tuesday. They set an “outperform” rating and a $28.00 target price for the company. KeyCorp assumed coverage on Bandwidth in a report on Tuesday. They set an “overweight” rating on the stock.

Shares of Bandwidth (NASDAQ BAND) opened at $22.37 on Tuesday. Bandwidth has a fifty-two week low of $18.05 and a fifty-two week high of $23.82.

In other Bandwidth news, major shareholder James A. Bowen sold 158,526 shares of the firm’s stock in a transaction dated Tuesday, November 28th. The stock was sold at an average price of $18.60, for a total value of $2,948,583.60. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

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About Bandwidth

Bandwidth Inc, formerly Bandwidth.com, Inc, is a cloud-based communications platform-as-a-service provider (CPaaS) that enables enterprises to create, scale and operate voice or text communications services across any mobile application or connected device or enterprises. The Company has two operating and reportable segments, CPaaS and Other.

The Fly

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