Citi lowered the firm’s price target on Outbrain (OB) to $4 from $5.90 and keeps a Neutral rating on the shares as part of a Q1 preview for the internet group. The firm lowered estimates and price targets o reflect expectations for tariff implications and a resulting softening macro environment. Digital advertising and e-commerce are the sectors most exposed, while web builders, small business tools, and online dating are less exposed, the analyst tells investors in a research note. Citi sees VeriSign (VRSN), Wix.com (WIX), Godaddy (GDDY), eBay (EBAY), and Criteo (CRTO) as more defensive with strong fundamentals. It views Wayfair (W), Trade Desk (TTD), Etsy (ETSY), and Bark (BARK) as the more tariff exposed names.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OB:
- Teads reports CTV HomeScreen powers 1,500 campaigns
- Strategic Growth and Market Expansion: Outbrain’s Acquisition of Teads
- Outbrain Appoints Dexter Goei and Mark Mullen to Board
- Outbrain Faces Potential Setbacks in Teads Acquisition: Risks of Integration, Dilution, and Delayed Synergies
- Outbrain’s Earnings Call: Strategic Moves and Future Growth