Tactile Systems Technology Inc has a consensus price target of $27.75 based on the ratings of 5 analysts. The high is $30 issued by Oppenheimer on August 8, 2023. The low is $23 issued by B. Riley Securities on September 26, 2024. The 3 most-recent analyst ratings were released by B. Riley Securities, Oppenheimer, and Oppenheimer on September 26, 2024, August 8, 2023, and May 9, 2023, respectively. With an average price target of $25.67 between B. Riley Securities, Oppenheimer, and Oppenheimer, there's an implied 58.53% upside for Tactile Systems Technology Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Tactile Systems Tech (NASDAQ:TCMD) was reported by BTIG on November 5, 2024. The analyst firm set a price target for $0.00 expecting TCMD to fall to within 12 months (a possible -100.00% downside). 2 analyst firms have reported ratings in the last year.
The latest analyst rating for Tactile Systems Tech (NASDAQ:TCMD) was provided by BTIG, and Tactile Systems Tech downgraded their neutral rating.
There is no last upgrade for Tactile Systems Tech
The last downgrade for Tactile Systems Technology Inc happened on November 5, 2024 when BTIG changed their price target from N/A to N/A for Tactile Systems Technology Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Tactile Systems Tech, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Tactile Systems Tech was filed on November 5, 2024 so you should expect the next rating to be made available sometime around November 5, 2025.
While ratings are subjective and will change, the latest Tactile Systems Tech (TCMD) rating was a downgraded with a price target of $0.00 to $0.00. The current price Tactile Systems Tech (TCMD) is trading at is $16.19, which is out of the analyst’s predicted range.
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