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Tactile Systems Tech

TCMDNASDAQ
$12.68
00.00%
Last update: 4:00 PM
15 minutes delayed
Q2 2024 Earnings in 13 days from now on Mon Aug 5th, after the market close
Consensus Rating1
Overweight
Highest Price Target1
$30.00
Lowest Price Target1
$28.00
Consensus Price Target1
$29.33

Tactile Systems Tech (NASDAQ:TCMD) Stock, Analyst Ratings, Price Targets, Forecasts

Tactile Systems Technology Inc has a consensus price target of $29.33 based on the ratings of 3 analysts. The high is $30 issued by Oppenheimer on August 8, 2023. The low is $28 issued by BTIG on April 17, 2023. The 3 most-recent analyst ratings were released by Oppenheimer, Oppenheimer, and Piper Sandler on August 8, 2023, May 9, 2023, and May 9, 2023, respectively. With an average price target of $28 between Oppenheimer, Oppenheimer, and Piper Sandler, there's an implied 119.26% upside for Tactile Systems Technology Inc from these most-recent analyst ratings.

Analyst Rating and Forecast
12345
4.4
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Oppenheimer
Piper Sandler
BTIG

1calculated from analyst ratings

Analyst Ratings for Tactile Systems Tech

Buy NowGet Alert
08/08/2023Buy Now134.93%Oppenheimer
Suraj Kalia
$24 → $30MaintainsOutperformGet Alert
05/09/2023Buy Now87.94%Oppenheimer
Suraj Kalia
$18 → $24MaintainsOutperformGet Alert
05/09/2023Buy Now134.93%Piper Sandler
Adam Maeder
$25 → $30MaintainsOverweightGet Alert
04/17/2023Buy Now119.26%BTIG
Ryan Zimmerman
$27 → $28MaintainsBuyGet Alert
08/02/2022Buy Now40.96%Oppenheimer
Suraj Kalia
$35 → $18MaintainsOutperformGet Alert
08/02/2022Buy Now95.77%Piper Sandler
Adam Maeder
$28 → $25MaintainsOverweightGet Alert
07/18/2022Buy Now111.43%BTIG
Ryan Zimmerman
$29 → $27MaintainsBuyGet Alert

FAQ

Q

What is the target price for Tactile Systems Tech (TCMD) stock?

A

The latest price target for Tactile Systems Tech (NASDAQ:TCMD) was reported by Oppenheimer on August 8, 2023. The analyst firm set a price target for $30.00 expecting TCMD to rise to within 12 months (a possible 136.59% upside). 1 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Tactile Systems Tech (TCMD)?

A

The latest analyst rating for Tactile Systems Tech (NASDAQ:TCMD) was provided by Oppenheimer, and Tactile Systems Tech maintained their outperform rating.

Q

When was the last upgrade for Tactile Systems Tech (TCMD)?

A

There is no last upgrade for Tactile Systems Tech

Q

When was the last downgrade for Tactile Systems Tech (TCMD)?

A

There is no last downgrade for Tactile Systems Tech.

Q

When is the next analyst rating going to be posted or updated for Tactile Systems Tech (TCMD)?

A

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 August 8, 2023 so you should expect the next rating to be made available sometime around August 8, 2024.

Q

Is the Analyst Rating Tactile Systems Tech (TCMD) correct?

A

While ratings are subjective and will change, the latest Tactile Systems Tech (TCMD) rating was a maintained with a price target of $24.00 to $30.00. The current price Tactile Systems Tech (TCMD) is trading at is $12.68, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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