Craig-Hallum analyst Jason Kreyer maintained a Buy rating on TechTarget (TTGT – Research Report) today. The company’s shares closed yesterday at $28.39.
According to TipRanks, Kreyer is a 4-star analyst with an average return of 9.8% and a 49.24% success rate. Kreyer covers the Communication Services sector, focusing on stocks such as Cardlytics, Magnite, and Integral Ad Science.
Currently, the analyst consensus on TechTarget is a Strong Buy with an average price target of $43.00, a 51.46% upside from current levels. In a report released today, Lake Street also assigned a Buy rating to the stock with a $39.00 price target.
TTGT market cap is currently $810.4M and has a P/E ratio of 195.25.
Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TTGT in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
TechTarget (TTGT) Company Description:
TechTarget, Inc. engages in the provision of online content for buyers of enterprise information technology products and services. It also offers purchase-intent marketing and sales services for enterprise technology vendors. Its products portfolio includes demand generation, brand consideration, sales enablement, and marketing intelligence. The company was founded by Don Hawk and Greg Strakosch on September 14, 1999 and is headquartered in Newton, MA.
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