TipRanksStock Market NewsOB NewsOutbrain (OB) Gets a Buy from Barclays

Outbrain (OB) Gets a Buy from Barclays

Barclays analyst Ross Sandler maintained a Buy rating on Outbrain (OBResearch Report) on August 11 and set a price target of $9.00. The company’s shares closed yesterday at $5.80.

According to TipRanks, Sandler is a 5-star analyst with an average return of 8.4% and a 59.14% success rate. Sandler covers the Technology sector, focusing on stocks such as Meta Platforms, Alphabet Class A, and Snap.

In addition to Barclays, Outbrain also received a Buy from Needham’s Laura Martin in a report issued on August 11. However, on the same day, Evercore ISI maintained a Hold rating on Outbrain (NASDAQ: OB).

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OB market cap is currently $296.2M and has a P/E ratio of -10.32.

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Outbrain Inc is a platform powering the open web that matches audiences with personalized content and ads, driving quality engagement. Its platform delivers ads to end-users that appear as links to articles, products, and videos on media partners’ sites. It derives revenue primarily from advertisers through user engagement with the ads that it places on media partners’ web pages and mobile applications. The company generates the vast majority of its revenues from Europe, the Middle East, and Africa followed by the USA and others.

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