Needham Maintains Buy on Taboola.com, Lowers Price Target to $5
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Laura Martin maintains a Buy rating on Taboola.com (NASDAQ:TBLA) but lowers the price target from $6 to $5.
July 05, 2024 | 3:01 pm
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NEUTRAL IMPACT
Needham analyst Laura Martin maintains a Buy rating on Taboola.com but lowers the price target from $6 to $5.
The maintained Buy rating suggests continued confidence in Taboola.com's prospects, but the lowered price target indicates some caution about its near-term performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100