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TECHTARGET INC. (TTGT) [hlAlert]

Rating:
Buy TTGT
down 25.58 %

TECHTARGET INC. (TTGT) upgraded to Buy with price target $14 by Needham

Posted on: Thursday,  Feb 12, 2015  8:25 AM ET by Needham

Needham rated Buy TECHTARGET INC. (NASDAQ: TTGT) on 02/12/2015, when the stock price was $12.00. Since
then, TECHTARGET INC. has lost 25.58% as of 01/25/2016's recent price of $8.93.
If you would have followed this Needham's recommendation on TTGT, you would have lost 25.58% of your investment in 347 days.

TechTarget Inc. is a provider of specialized online content that brings together buyers and sellers of corporate information technology (IT) products. The Company sells customized marketing programs that enable IT vendors to reach corporate IT decision makers who are researching specific IT purchases. It operates a network of over 60 Websites, each of which focuses on a specific IT sector, such as storage, security or networking. Its product offerings address both lead generation and branding objectives of advertising customers. TechTarget Inc. has a base of registered members, which totaled approximately 7.5 million as of December 31, 2008. On November 19, 2008, the Company acquired The Brian Madden Company LLC.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/12/2015 8:25 AM Buy
None
12.00 14.00
as of 8/27/2015
1 Week down  -10.87 %
1 Month down  -4.28 %
3 Months down  -6.29 %
1 YTD down  -25.58 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/19/2008 8:25 AM Hold
None
3.23
11/7/2008 9:25 AM Sell
None
4.46
7/25/2008 9:25 AM Buy
None
7.62 10.00
5/7/2008 9:25 AM Buy
None
14.13 15.00

(*) Stock Price at the time of the recommendation.
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