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Taboola upgraded to Buy from Neutral at B. Riley

B. Riley upgraded Taboola (TBLA) to Buy from Neutral with a $4 price target The company reported a Q1 beat and reaffirmed its prior fiscal 2025 guidance, the analyst tells investors in a research note. The firm sees a favorable risk/reward profile at current share levels. The shares are trading at an attractive valuation and fiscal 2025 expectations are reasonable, contends B. Riley.

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