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TechTarget price target lowered to $38 from $39 at Lake Street

Lake Street lowered the firm’s price target on TechTarget to $38 from $39 and keeps a Buy rating on the shares. The firm’s valuation work back in January assumed over $70M in 2024 AEBITDA, but its current model after the Q2 report anticipates around $65M, the analyst tells investors.

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