Taboola.com (NASDAQ:TBLA) Price Target Increased to $3.00 by Analysts at Susquehanna

Taboola.com (NASDAQ:TBLA – Get Rating) had its target price hoisted by Susquehanna from $2.25 to $3.00 in a report released on Tuesday, The Fly reports. The firm currently has a neutral rating on the stock.

TBLA has been the subject of a number of other research reports. Cowen decreased their target price on Taboola.com from $9.00 to $6.00 in a research report on Tuesday, November 8th. Credit Suisse Group decreased their target price on Taboola.com from $7.00 to $5.00 and set an outperform rating for the company in a research report on Thursday, November 10th. JMP Securities decreased their target price on Taboola.com from $7.00 to $6.00 and set a market outperform rating for the company in a research report on Thursday, November 10th. Needham & Company LLC increased their price objective on Taboola.com from $2.50 to $3.50 and gave the company a buy rating in a research report on Monday, December 19th. Finally, Susquehanna Bancshares reduced their price objective on Taboola.com from $3.50 to $2.25 in a research report on Monday, November 14th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Taboola.com currently has an average rating of Moderate Buy and an average target price of $4.47.

Taboola.com Stock Up 2.0 %

Shares of Taboola.com stock opened at $3.13 on Tuesday. The stock has a market capitalization of $792.92 million, a P/E ratio of -62.59 and a beta of 1.49. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 0.35. The stock has a 50 day moving average price of $3.52 and a two-hundred day moving average price of $2.65. Taboola.com has a 12-month low of $1.52 and a 12-month high of $6.74.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of TBLA. Swiss National Bank raised its stake in Taboola.com by 9.2% during the first quarter. Swiss National Bank now owns 137,700 shares of the company’s stock worth $711,000 after acquiring an additional 11,600 shares in the last quarter. Acadian Asset Management LLC bought a new position in shares of Taboola.com in the first quarter valued at about $36,000. BlackRock Inc. raised its holdings in shares of Taboola.com by 17.5% in the first quarter. BlackRock Inc. now owns 851,627 shares of the company’s stock valued at $4,394,000 after buying an additional 127,139 shares during the last quarter. Lazard Asset Management LLC bought a new position in shares of Taboola.com in the first quarter valued at about $54,000. Finally, DC Investments Management LLC raised its holdings in shares of Taboola.com by 127.7% in the first quarter. DC Investments Management LLC now owns 587,575 shares of the company’s stock valued at $3,032,000 after buying an additional 329,575 shares during the last quarter. 33.28% of the stock is owned by institutional investors.

Taboola.com Company Profile

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Taboola.com Ltd., together with its subsidiaries, operates an artificial intelligence-based algorithmic engine platform in Israel, the United Kingdom, the United States, Germany, France, and internationally. It offers Taboola, a platform that partners with websites, devices, and mobile apps to recommend editorial content and advertisements on the open web to users.