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Tactile Systems Tech

TCMDNASDAQ
Logo brought to you by Benzinga Data
$15.94
0.382.44%
At close: -
$16.19
0.251.57%
After Hours: 6:41 PM EDT
Consensus Rating1
Buy
Highest Price Target1
$30.00
Lowest Price Target1
$23.00
Consensus Price Target1
$27.75

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

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.

Analyst Trends and Forecast
1
Sep
1
Nov
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.3
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

B. Riley Securities
Oppenheimer
Piper Sandler
BTIG

1calculated from analyst ratings

Analyst Ratings for Tactile Systems Tech

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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 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.

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 BTIG, and Tactile Systems Tech downgraded their neutral 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

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.

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 November 5, 2024 so you should expect the next rating to be made available sometime around November 5, 2025.

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 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.

Browse analyst ratings and price targets on all stocks.

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