BUZZ-Bandwidth gains as B. Riley initiates with 'buy' on AI voice adoption

Reuters
01/23
BUZZ-Bandwidth gains as <a href="https://laohu8.com/S/RILY">B. Riley</a> initiates with 'buy' on AI voice adoption

** Communications company Bandwidth's BAND.O shares rise 1.9% to $14.05 premarket

** B. Riley initiates coverage with "buy", sets PT at $20, implying an upside of 45% to stock's last close

** "We expect AI voice to rapidly gain broad adoption in the coming years, and Bandwidth, the only major CPaaS provider to own its network, is uniquely positioned to provide voice-grade network services," says B. Riley

** Analysts' average rating is "buy," their median PT is $20 - data compiled by LSEG

** In 2025, stock fell 9.2%

(Reporting by Anhata Rooprai in Bengaluru)

((Anhata.Rooprai@thomsonreuters.com))

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