Beyond The Numbers: 5 Analysts Discuss TechTarget Stock
Portfolio Pulse from Benzinga Insights
TechTarget (NASDAQ:TTGT) has received mixed analyst ratings over the past three months, with a majority being bullish. The average 12-month price target has decreased by 7.04% to $39.6. Analysts have adjusted their ratings and price targets in response to market conditions, with some raising and others lowering their expectations. TechTarget shows positive financial performance with revenue growth and strong net margins, but faces challenges with high debt levels.
October 15, 2024 | 12:00 pm
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TechTarget has received a mix of bullish and somewhat bullish ratings from analysts, with a decrease in the average price target to $39.6. The company's financials show positive revenue growth and strong net margins, but high debt levels are a concern.
The mixed analyst ratings and decrease in average price target suggest a neutral short-term impact on TechTarget's stock price. While the company shows positive financial performance, the high debt levels could offset the bullish sentiment from analysts.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100