2 weeks Ago By ABMN Staff
TechTarget ( NASDAQ:TTGT – Get Free Report ) had its price objective lowered by investment analysts at Lake Street Capital from $24.00 to $12.00 in a research note issued to investors on Wednesday, Benzinga reports.
The brokerage currently has a “buy” rating on the information services provider’s stock. Lake Street Capital’s price target points to a potential upside of 47.06% from the stock’s previous close.
A number of other equities analysts have also recently issued reports on the company. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $18.
00 target price on shares of TechTarget in a report on Tuesday, January 21st. Raymond James lowered shares of TechTarget from an “outperform” rating to a “market perform” rating in a report on Tuesday, February 11th. StockNews.
com began coverage on shares of TechTarget in a report on Monday, February 10th. They set a “hold” rating on the stock. Needham & Company LLC decreased their price objective on TechTarget from $40.
00 to $25.00 and set a “buy” rating for the company in a report on Monday, March 31st. Finally, Craig Hallum cut their target price on TechTarget from $40.
00 to $25.00 and set a “buy” rating on the stock in a report on Tuesday, January 14th. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the company.
According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $26.29. Get Our Latest Research Report on TTGT TechTarget Stock Performance Institutional Investors Weigh In On TechTarget Several large investors have recently added to or reduced their stakes in TTGT.
Royal Bank of Canada lifted its stake in TechTarget by 30.3% in the fourth quarter. Royal Bank of Canada now owns 977,777 shares of the information services provider’s stock valued at $19,380,000 after buying an additional 227,459 shares during the period.
Dimensional Fund Advisors LP lifted its position in shares of TechTarget by 1.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 806,078 shares of the information services provider’s stock valued at $15,977,000 after acquiring an additional 11,646 shares during the period.
Geode Capital Management LLC boosted its stake in TechTarget by 3.5% during the fourth quarter. Geode Capital Management LLC now owns 632,704 shares of the information services provider’s stock worth $12,543,000 after acquiring an additional 21,191 shares in the last quarter.
Rockefeller Capital Management L.P. grew its holdings in TechTarget by 13.
3% in the fourth quarter. Rockefeller Capital Management L.P.
now owns 581,430 shares of the information services provider’s stock worth $11,524,000 after purchasing an additional 68,364 shares during the period. Finally, Renaissance Technologies LLC increased its stake in TechTarget by 0.7% in the fourth quarter.
Renaissance Technologies LLC now owns 542,877 shares of the information services provider’s stock valued at $10,760,000 after purchasing an additional 3,710 shares in the last quarter. Institutional investors and hedge funds own 93.52% of the company’s stock.
TechTarget Company Profile ( Get Free Report ) TechTarget, Inc, together with its subsidiaries, provides marketing and sales services that deliver business impact for business-to-business technology companies in North America and internationally. The company's service enables technology vendors to identify, reach, and influence corporate information technology (IT) decision-makers actively researching specific IT purchases; and customized marketing programs that integrate demand generation, brand advertising techniques, and content curation and creation. Featured Articles Receive News & Ratings for TechTarget Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TechTarget and related companies with MarketBeat.
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