Wunderlich Securities reiterated its Buy rating on TechPrecision Corporation TPCS. At the same time, Wunderlich left its price target on the company's stock unchanged at $4 ahead of the company's quarterly earnings report, which is due to be published on June 22.
In a research report published today, Wunderlich states, "We reiterate our Buy recommendation and $4 price target on shares of TechPrecision Corp. (TPCS). We expect the company to report an in-line to better quarter. We expect the investment community to conclude that the consensus estimates are low and for numbers to rise after the conference call."
On Monday, TechPrecision added 2.86% to its value to end the day at $1.80.
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