A Glimpse Into The Expert Outlook On Outbrain Through 5 Analysts
Portfolio Pulse from Benzinga Insights
Analysts' ratings for Outbrain (NASDAQ:OB) over the last quarter show a mix of bullish and indifferent sentiments. The average 12-month price target has risen by 7.57% to $5.4. Key analysts have raised their price targets, reflecting a positive outlook despite recent revenue challenges.
August 02, 2024 | 4:00 pm
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POSITIVE IMPACT
Outbrain (NASDAQ:OB) has received mixed analyst ratings over the last quarter, with a notable increase in the average 12-month price target by 7.57% to $5.4. Key analysts from Needham and Citigroup have raised their price targets, indicating a positive outlook despite recent revenue challenges.
The increase in the average 12-month price target by 7.57% and the positive actions from key analysts suggest a bullish short-term impact on Outbrain's stock. Despite revenue challenges, the raised price targets indicate confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100