Singular Research Reiterates TechPrecision Buy, Raises PT to $4.50

Singular Research reiterated its TechPrecision TPCS Buy rating and raised its TechPrecision price target from $4 to $4.50 in a research report published today. In the report, Singular Research states, "Strong revenues but earnings miss due to one time expenses in qualifying new Chinese facility. Investment thesis remains intact with new customers and new products in solar, LED, medical and commercial driving growth in the next several years." Shares of TechPrecision were trading at $1.75 at the time of posting, up 1.74% from Thursday's market close.