TechTarget Faces Macro Challenges And Valuation Compression, Analyst Cuts Price Forecast – TechTarget (NASDAQ:TTGT)
Needham analyst Joshua Reilly reiterated a Buy rating on the shares of TechTarget Inc TTGT and lowered the price forecast from $40.00 to $25.00. TechTarget is expected to align its FY25 guidance with consensus estimates of $512 million in revenue (3.4% adjusted Y/Y growth) and $98 million in adjusted EBITDA, said the analyst. Management is … Read more