TechTarget Inc (NASDAQ: TTGT) stock enjoyed a major increase of 10.6% on 10/15/24. The shares closed at $27.83. Moreover, exceptionally high trading volume at 312% of normal accompanied the advance. Relative to the market the stock has been weak over the last nine months but has risen 18.0% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, TTGT is expected to continue to be a major Value Builder.
TechTarget has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. TechTarget has a poor Power Rating of 25 and a poor Appreciation Score of 18, with the Lowest Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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