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Teads price target lowered to $3.40 from $3.90 at Citi

Citi lowered the firm’s price target on Teads (TEAD) to $3.40 from $3.90 and keeps a Neutral rating on the shares as part of a Q2 earnings preview. The firm expects in-line results relative to estimates and a reiterated fiscal 2025 EBITDA outlook.

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