Needham Reiterates Buy on Outbrain, Maintains $5.5 Price Target
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Laura Martin has reiterated a 'Buy' rating on Outbrain (NASDAQ:OB) and maintained a price target of $5.5.
June 30, 2023 | 10:35 am
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Outbrain's stock rating has been reiterated as 'Buy' by Needham analyst Laura Martin, with a maintained price target of $5.5.
The reiteration of a 'Buy' rating by a reputable analyst like Laura Martin from Needham is a positive signal for Outbrain. The maintained price target of $5.5 also indicates that the analyst believes the stock is still undervalued, which could lead to upward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100