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BSP — Bending Spoons SPA News Story

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Bending Spoons shares up after Mizuho raises PT

BUZZ-Bending Spoons shares up after Mizuho raises PT 

** Shares in Italian technology company Bending Spoons BSP.O rise 2.8% to $52.85 premarket

** Mizuho raises PT on BSP to $72.28 from $45, implying an upside of ~41% to the stock's last close

** BSP is scheduled to report Q2 results on Aug. 13, its first earnings report as a public company

** Brokerage says its focus will be on understanding the transformation progress at recent acquisitions, the plan at Airtable, outlook for capital deployment or the M&A pipeline

** "We believe the Airtable deal underscores the attractive assets available in the subscription tech space at discounted prices" - Mizuho

** Seven of 10 brokerages rate the stock "buy" or higher, three "hold" and their median PT is $40 - data compiled by LSEG



(Reporting by Jaspreet Singh in Bengaluru)

((Jaspreet.Singh@thomsonreuters.com ; https://twitter.com/i_jass))

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