Goldman Sachs Maintains Sell on TechTarget, Raises Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Kash Rangan has maintained a 'Sell' rating on TechTarget (NASDAQ:TTGT) but raised the price target from $27 to $30.
August 09, 2023 | 3:57 pm
News sentiment analysis
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NEGATIVE IMPACT
Despite the raised price target from $27 to $30, Goldman Sachs maintains a 'Sell' rating on TechTarget, indicating a negative outlook.
The 'Sell' rating maintained by Goldman Sachs indicates a negative outlook for TechTarget. Although the price target has been raised, it does not change the overall negative sentiment. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100