TBLA - Taboola's Fiscal 2024 Revenue and Earnings Estimates Cut by This Analyst Despite Strong Q2 Projections - Here's Why | Benzinga
Needham analyst Laura Martin maintained Taboola.com Ltd (NASDAQ:TBLA) with a Buy and lowered the price target from $6 to $5. The stock is trading lower on Friday.
Martin maintained her fiscal 2024 second-quarter estimates but lowered her estimates for the second half of fiscal 2024 and fiscal 2025 and her price target.
Martin lowered her revenue and earnings estimates for fiscal 2024, the second half of fiscal 2024, and 2025 because she now notes that Yahoo’s demand side may take longer to integrate into Taboola’s system than ...