Taboola price target raised to $3.00 from $2.25 at Susquehanna

Susquehanna analyst Shyam Patil raised the firm’s price target on Taboola to $3.00 from $2.25 and keeps a Neutral rating on the shares. The analyst said while we like management’s vision and the company’s long-term opportunity, we see shares as remaining range bound in the near-term.