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Grindr receives positive analyst ratings and buy recommendations amid insider stock sales.
JMP Securities has given Grindr (GRND) a "market outperform" rating, with a target price of $21.00.
Analysts from Raymond James and TD Cowen have raised their price targets to $19.00 and $17.00, respectively, while Goldman Sachs issued a "buy" rating with a $20.00 target.
Despite positive analyst views, Grindr insiders have sold about 2.4 million shares recently.
The company operates a social network and dating app for the LGBTQ community, offering both free and premium services.
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Grindr recibe calificaciones positivas de analista y compra recomendaciones en medio de las ventas de acciones privilegiadas.