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San Francisco headquarter of the global software company IronSource in Bluxome Street, San Francisco, Calif., in Feb. 2021. Google Maps/Screenshot via The Epoch Times
Macquarie analyst Tim Nollen upgraded ironSource Ltd. to Outperform from Neutral with an unchanged price target of $14, implying 61.66 percent upside.
ironSource reported “good results” and raised guidance, so the roughly 40 percent stock selloff since November 10 looks “misplaced,” Nollen tells investors.
