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Outbrain price target lowered to $4.25 from $5.25 at B. Riley

B. Riley lowered the firm’s price target on Outbrain (OB) to $4.25 from $5.25 and keeps a Neutral rating on the shares. The company reported a modest Q1 beat, the analyst tells investors in a research note. The firm cites macro uncertainty and Outbrain’s higher debt load of the combined entity for the Neutral rating.

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