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How Does Taboola.com Ltd (TBLA) Stock Rank on Wall Street Tuesday?

Tuesday, August 09, 2022 01:29 PM | InvestorsObserver Analysts

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How Does Taboola.com Ltd (TBLA) Stock Rank on Wall Street Tuesday?

InvestorsObserver is giving Taboola.com Ltd (TBLA) an Analyst Rating Rank of 23, meaning TBLA is ranked higher by analysts than 23% of stocks. The average price target for TBLA is $6.166 and analyst’s rate the stock as a Buy.

Overall Score - 3.7
Wall Street analysts are rating TBLA a Buy today. Find out what this means to you and get the rest of the rankings on TBLA!

Why are Analyst Ratings Important?

Analysts know the inner workings of the companies they follow better than anyone but the companies’ management. You can learn a lot about a company from studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in one part of the world can disrupt supply chains, or disrupt shopping patterns. This lets traders make decisions before a quarterly report that could be worse than expected. InvestorsObserver aggregates the ratings of all the analysts covering a given stock, takes the average of those ratings and then percentile ranks the averages. That provides a level of granularity that is significantly better than just the three levels provided by traditional buy/hold/sell ratings.

What's Happening With Taboola.com Ltd Stock Today?

Taboola.com Ltd (TBLA) stock is trading at $2.63 as of 1:17 PM on Tuesday, Aug 9, a loss of -$0.11, or -4.01% from the previous closing price of $2.74. The stock has traded between $2.60 and $2.75 so far today. Volume today is 368,786 compared to average volume of 480,906. Click Here to get the full Stock Report for Taboola.com Ltd stock.

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