Wall Street Zen Upgrades Teads (NASDAQ:TEAD) to "Hold"

Key Points

• Teads has been upgraded from a "sell" rating to a "hold" rating by Wall Street Zen, indicating more favorable investor sentiment.
• Citi has lowered its price target for Teads shares from $3.90 to $3.40, maintaining a "neutral" rating on the stock.
• Teads' stock is currently trading at $2.46, with a market capitalization of approximately $231.98 million and notable financial ratios including a P/E ratio of -3.37.

Wall Street Zen upgraded shares of Teads (NASDAQ:TEAD - Free Report) from a sell rating to a hold rating in a research report sent to investors on Saturday.

Separately, Citigroup lowered their price objective on shares of Teads from $3.90 to $3.40 and set a "neutral" rating for the company in a research note on Tuesday, July 29th.

Teads Stock Up 0.4%

Shares of TEAD traded up $0.01 during mid-day trading on Friday, hitting $2.56. 66,583 shares of the company's stock were exchanged, compared to its average volume of 405,601. The company has a debt-to-equity ratio of 1.29, a quick ratio of 1.13 and a current ratio of 1.13. Teads has a fifty-two week low of $2.32 and a fifty-two week high of $7.87. The stock has a market capitalization of $241.41 million, a PE ratio of -3.51 and a beta of 1.33.

Teads Company Profile

Outbrain Inc, together with its subsidiaries, operates an online content recommendation platform worldwide. It offers Outbrain Engage, a product suite for media partners that provides personalized feeds and data-driven recommendations, as well as a solution to maximize user engagement. The company's Outbrain Engage solution also includes a web-based dashboard to manage and control various aspects of the platform, including content, formats, sources, frequency, and categories of ads delivered on their properties, as well as monetizes the content through customized data-driven advertising.