Analysts Offer Insights on Communication Services Companies: TechTarget, Inc. (TTGT) and Spotify (SPOT)
There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on TechTarget, Inc. (TTGT – Research Report) and Spotify (SPOT – Research Report) with bullish sentiments.
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TechTarget, Inc. (TTGT)
In a report released today, Eric Martinuzzi from Lake Street reiterated a Buy rating on TechTarget, Inc., with a price target of $8.00. The company’s shares closed last Tuesday at $3.80.
According to TipRanks.com, Martinuzzi is a 5-star analyst with an average return of
TechTarget, Inc. has an analyst consensus of Strong Buy, with a price target consensus of $10.00, a 170.3% upside from current levels. In a report issued on March 12, Needham also maintained a Buy rating on the stock with a $15.00 price target.
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Spotify (SPOT)
Jefferies analyst James Heaney CFA reiterated a Buy rating on Spotify today and set a price target of $650.00. The company’s shares closed last Tuesday at $525.23.
According to TipRanks.com, CFA is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Spotify with a $648.17 average price target, representing a 22.9% upside. In a report issued on March 3, TipRanks – PerPlexity also upgraded the stock to Buy with a $568.00 price target.
