Citigroup Maintains Neutral on Outbrain, Raises Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Ygal Arounian has maintained a Neutral rating on Outbrain (NASDAQ:OB) and raised the price target from $4 to $6.
August 09, 2023 | 4:37 pm
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NEUTRAL IMPACT
Citigroup has maintained a Neutral rating on Outbrain and raised the price target from $4 to $6.
The news is directly about Outbrain and is likely to influence investor sentiment. The raised price target indicates a positive outlook, but the Neutral rating suggests that the stock is fairly valued at the moment. Therefore, the short-term impact on the stock price is expected to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100