2 weeks Ago By Defense World Staff
Shares of TechTarget, Inc. ( NASDAQ:TTGT – Get Free Report ) dropped 7.1% during mid-day trading on Thursday after KeyCorp lowered their price target on the stock from $38.
00 to $37.00. KeyCorp currently has an overweight rating on the stock.
TechTarget traded as low as $30.00 and last traded at $30.00.
Approximately 28,656 shares were traded during mid-day trading, a decline of 78% from the average daily volume of 128,580 shares. The stock had previously closed at $32.31.
Several other analysts have also issued reports on the stock. Craig Hallum boosted their target price on shares of TechTarget from $36.00 to $40.
00 and gave the company a “buy” rating in a research report on Wednesday. Needham & Company LLC reissued a “buy” rating and set a $40.00 price objective on shares of TechTarget in a research report on Wednesday.
Finally, Raymond James reduced their price objective on TechTarget from $39.00 to $34.00 and set an “outperform” rating for the company in a research note on Monday, August 12th.
One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $38.
17. Check Out Our Latest Stock Analysis on TTGT Hedge Funds Weigh In On TechTarget TechTarget Price Performance The firm has a 50 day moving average of $26.48 and a 200-day moving average of $28.
63. The company has a current ratio of 9.35, a quick ratio of 9.
35 and a debt-to-equity ratio of 1.74. The company has a market cap of $856.
73 million, a P/E ratio of -69.76, a P/E/G ratio of 31.15 and a beta of 1.
03. 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.
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