Benchmark analyst Mark Zgutowicz reiterated the Buy rating on Taboola.Com Ltd. (NASDAQ: TBLA), with a price target of $6.
Taboola will release its Q3 results tomorrow, November 8, before the market opens.
During the quarterly result, the analyst said he would particularly wait for an update on the pace of Yahoo! advertiser migration, improved core platform yield visibility NTM (e.g., advanced conversions), near-to medium-term expectations for commerce-driven revenue incrementality (e.g., Turnkey Commerce), and financial impact from the Middle East conflict, noting ~15% of revenue ...