Bandwidth (NASDAQ:BAND) is set to post its quarterly earnings results after the market closes on Wednesday, December 13th.

Shares of Bandwidth (BAND) opened at $22.70 on Wednesday. Bandwidth has a 1 year low of $18.05 and a 1 year high of $24.15.

A number of analysts have recently issued reports on the company. Canaccord Genuity assumed coverage on Bandwidth in a research report on Tuesday. They set a “buy” rating and a $28.00 price objective on the stock. Robert W. Baird started coverage on Bandwidth in a research report on Tuesday. They issued an “outperform” rating and a $28.00 price target on the stock. KeyCorp started coverage on Bandwidth in a research report on Tuesday. They issued an “overweight” rating and a $29.00 price target on the stock. Morgan Stanley started coverage on Bandwidth in a research report on Tuesday. They issued an “overweight” rating and a $28.00 price target on the stock. Finally, JMP Securities started coverage on Bandwidth in a research report on Tuesday. They issued an “outperform” rating and a $36.00 price target on the stock. Five analysts have rated the stock with a buy rating, Bandwidth has a consensus rating of “Buy” and a consensus target price of $29.80.

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

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Bandwidth Company Profile

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.

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