IFPJF - New TechTarget: Undervalued Amidst The Informa Tech Merger
2024-03-15 12:50:43 ET
Summary
- A merger with Informa's digital business positions TechTarget for growth, with a $1B revenue goal in 5 years, offering a cash payout and reduced equity for TTGT shareholders.
- The strategic merger expands B2B data capabilities and forecasts a 10x TAM increase, suggesting TTGT's undervaluation and significant long-term stock benefits despite a competitive B2B market.
- My financial analysis reveals TTGT's operational and financial strengthening post-merger, and I consider the shares a Buy both now and post-cash payout for long-term growth.
...
New TechTarget: Undervalued Amidst The Informa Tech Merger