On June 5, 2025, Needham analyst Joshua Reilly announced adjustments to the stock price target for TechTarget (TTGT, Financial). The new price target has been lowered from $25.00 to $15.00 USD, marking a significant 40% decrease.
Despite the adjustment in price target, Needham maintains a 'Buy' rating on TechTarget (TTGT, Financial), consistent with the prior rating. This indicates that the analyst remains optimistic about the stock's long-term potential despite the current price target reduction.
The adjustments reflect the analyst's updated valuation, considering market conditions and company performance. As TTGT continues to navigate the tech landscape, investors will be keeping an eye on whether the stock can achieve its updated target price of $15.00 USD.