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. ironSource’s Q3 revenue of $140 million, up 60 percent year-on-year, beat the consensus of $129.2 million. EPS of $0.02 was in-line with the consensus. ironSource sees Q4 revenue of $140 million–$145 million, representing 32 percent Y/Y growth at the midpoint. ironSource sees FY22 revenue of $535 million–$540 million, representing 62 percent Y/Y growth at the midpoint. “Beyond strong organic growth, this approach has also driven our M&A strategy, with the announcement of two strategic acquisitions designed to deepen and expand our platform offering to increase our stickiness with customers,” CEO Tomer Bar Zeev said. App developers use ironSource’s platform to turn their apps into successful, scalable …