TechTarget Now Covered by Needham & Company LLC (TTGT)
Investment analysts at Needham & Company LLC began coverage on shares of TechTarget (NASDAQ:TTGT) in a note issued to investors on Tuesday, TheFlyOnTheWall.com reports. The firm set a “buy” rating and a $11.00 price target on the stock. Needham & Company LLC’s price target would suggest a potential upside of 24.86% from the stock’s previous close.
TechTarget (NASDAQ:TTGT) opened at 8.82 on Tuesday. TechTarget has a 52 week low of $4.31 and a 52 week high of $9.00. The stock’s 50-day moving average is $7.84 and its 200-day moving average is $7.07. The company’s market cap is $288.4 million.
TechTarget (NASDAQ:TTGT) last announced its earnings results on Tuesday, May 6th. The company reported $0.04 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.04. Analysts expect that TechTarget will post $0.44 EPS for the current fiscal year.
Separately, analysts at Jefferies Group initiated coverage on shares of TechTarget in a research note on Tuesday. They set a “buy” rating and a $12.00 price target on the stock.
TechTarget, Inc is a provider of specialized online content and brand advertising that brings together buyers and sellers of corporate information technology (NASDAQ:TTGT) products.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.