Needham Maintains Buy on TechTarget, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Joshua Reilly maintains a Buy rating on TechTarget (NASDAQ:TTGT) but lowers the price target from $50 to $40.
September 16, 2024 | 10:58 am
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NEUTRAL IMPACT
Needham analyst Joshua Reilly continues to recommend buying TechTarget stock but has reduced the price target from $50 to $40, indicating a more cautious outlook.
The maintained Buy rating suggests continued confidence in TechTarget's potential, but the lowered price target reflects a more cautious stance, possibly due to market conditions or company performance. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100