Needham Maintains Buy on TechTarget, Raises Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Joshua Reilly has reaffirmed a Buy rating on TechTarget (NASDAQ:TTGT) and increased the price target from $40 to $50.
January 11, 2024 | 12:54 pm
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TechTarget's Buy rating has been maintained by Needham, with a significant increase in price target from $40 to $50.
The reaffirmation of a Buy rating coupled with a raised price target typically signals confidence in the company's future performance and can lead to increased investor interest and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100