Taboola Shares Surge on Analyst Upgrade

Taboola shares surged 2.8% today, reaching $4.17 by close, following Rosenblatts buy rating and $6 price target. Despite initial enthusiasm, the stock cooled off, still up 3% from yesterday. Taboolas volatile year includes twelve moves of over 5%, and insider sales of $44M, compared to $16M bought. The stock nears its 52-week high of $4.18, as investors consider the upgrade against recent sell signals and insider sales.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.