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TechTarget, Inc. (TTGT) PT Raised to $11 at Jefferies Following 1Q Results

May 12, 2017 8:59 AM EDT

Jefferies raised its price target on TechTarget, Inc. (NASDAQ: TTGT) to $11.00 (from $10.00) while maintaining a Buy rating. TTGT reported 1Q revenue of $23.6MM, ahead of $23.1M estimates and slightly above the high end of TTGT's $22.5 - 23.5MM outlook. Adjusted EBITDA of $2.5MM was... More