Needham analyst Joshua Reilly maintained a Buy rating on Techtarget on Tuesday, setting a price target of $115, which is approximately 46.95% above the present share price of $78.26.
Reilly expects Techtarget to post earnings per share (EPS) of $0.06 for the second quarter of 2021.
The current consensus among 5 TipRanks analysts is for a Strong Buy rating of shares in TechTarget (NASDAQ:TTGT), with an average price target of $96.4.
The analysts price targets range from a high of $115 to a low of $80.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $52.97 million and a net profit of $3.22 million. The company's market cap is $2.2 billion.
According to TipRanks.com, Needham analyst Joshua Reilly is currently ranked with 2 stars on a 0-5 stars ranking scale, with an average return of 10.7% and a 50.00% success rate.
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.