Analyst Scoreboard: 7 Ratings For TechTarget
Portfolio Pulse from Benzinga Insights
TechTarget (NASDAQ:TTGT) received mixed ratings from 7 analysts, with 3 bullish and 4 somewhat bullish ratings. The average 12-month price target is $44.14, up 17.71% from the previous $37.50. Analysts from UBS, Keybanc, Raymond James, and Needham have adjusted their price targets and ratings, reflecting their views on the company's market performance. TechTarget's financial performance shows challenges with a revenue decline of -26.2%, below-average net margin, ROE, and ROA, and a high debt-to-equity ratio of 2.06.
January 31, 2024 | 1:00 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
TechTarget received mixed analyst ratings and an increased average price target of $44.14. Financial challenges include a significant revenue decline and high debt levels.
The mixed analyst ratings and the increase in the average price target suggest a neutral short-term impact on TTGT's stock price. The financial challenges such as revenue decline and high debt may temper investor enthusiasm, balancing the potential positive impact of the raised price targets.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100