Where TechTarget Stands With Analysts
Portfolio Pulse from Benzinga Insights
TechTarget (NASDAQ:TTGT) has received 4 analyst ratings in the last quarter, with an average price target of $33.5, representing an implied upside from the current price of $29.26. The consensus among the analysts is more bullish, with 1 bullish, 2 somewhat bullish, and 1 indifferent rating. The average price target has increased by 4.69% over the past month.
November 20, 2023 | 1:01 pm
News sentiment analysis
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POSITIVE IMPACT
TechTarget has a positive outlook from analysts with an average price target of $33.5, which is higher than the current price of $29.26. The recent increase in the target price suggests a bullish sentiment.
The positive analyst ratings and the recent increase in the average price target indicate a bullish sentiment towards TTGT. This could lead to a short-term increase in the stock price as investors react to the analysts' expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100