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A Quick Look at Today's Ratings for TechTarget(TTGT.US), With a Forecast Between $36 to $40

Moomoo News ·  Nov 14 08:00  · Ratings

On Nov 14, major Wall Street analysts update their ratings for $TechTarget (TTGT.US)$, with price targets ranging from $36 to $40.

Needham analyst Joshua Reilly maintains with a buy rating, and maintains the target price at $40.

KeyBanc analyst Justin Patterson maintains with a buy rating.

Lake Street analyst Eric Martinuzzi maintains with a buy rating, and adjusts the target price from $38 to $36.

Craig-Hallum analyst Jason Kreyer maintains with a buy rating, and sets the target price at $40.

Furthermore, according to the comprehensive report, the opinions of $TechTarget (TTGT.US)$'s main analysts recently are as follows:

  • TechTarget's Q3 outcomes are seen as a checkpoint ahead of the anticipated closure of the Informa Tech deal later in the quarter, with revenue and profitability considered satisfactory, and product innovation ongoing. Although a more conservative revenue forecast for core TechTarget has been factored in, the belief is that the profitability narrative remains robust and that the amalgamated entity stands to gain from revenue and cost synergies.

Here are the latest investment ratings and price targets for $TechTarget (TTGT.US)$ from 4 analysts:

StockTodayLatestRating_mm_201883_20241114_en

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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