UPDATE: Benchmark Raises TechTarget's PT
In a research report published earlier today, Benchmark increased TechTarget Inc.'s (NASDAQ: TTGT) PT from $8 to $10 per share.
According to Benchmark, “TechTarget continues to expand organically, launching new websites, establishing new international operations and adding services to its Activity Intelligence analytics platform. TechTarget remains our top pick for investors looking for smallcap online vertical content, with no exposure to third-party network dynamics. We project an in-line 4Q11, with accelerating growth in 2012. We reiterate our Buy rating and increase our price target from $8 to $10 per share.”
TechTarget closed Friday at $7.14.
(c) 2012 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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