Needham & Company Reiterates Buy Rating and $10 PT on TechTarget (TTGT) Following 4Q16 Results

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Go back to Needham & Company Reiterates Buy Rating and $10 PT on TechTarget (TTGT) Following 4Q16 Results

TechTarget, Inc. (TTGT) PT Raised to $10 at Jefferies Following 4Q

February 15, 2017 8:30 AM EST

Jefferies raised its price target on TechTarget, Inc. (NASDAQ: TTGT) to $10.00 (from $9.50) while maintaining a Buy rating. 4Q Adjusted EBITDA of $4.7MM was above $3.0 - 4.5MM outlook. EPS of $0.00 compared to $0.01 estimates.

Analyst Brian Fitzgerald commented, "TTGT reported solid revenue... More

TechTarget (TTGT) Tops Q4 EPS by 6c; Guides Q1 Revs Below the Street

February 14, 2017 4:42 PM EST

TechTarget (NASDAQ: TTGT) reported Q4 EPS of $0.10, $0.06 better than the analyst estimate of $0.04. Revenue for the quarter came in at $26.67 million versus the consensus estimate of $26.17 million.

GUIDANCE:

TechTarget sees Q1 2017 revenue of $22.5-23.5 million, versus the consensus of $25.67 million. They... More