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Treace Medical Concepts

TMCINASDAQ
Logo brought to you by Benzinga Data
$6.96
0.060.87%
At close: -
$6.96
0.000500.01%
After Hours: Dec 20, 4:00 PM EDT
Consensus Rating1
Neutral
Highest Price Target1
$25.00
Lowest Price Target1
$7.00
Consensus Price Target1
$10.34

Treace Medical Concepts (NASDAQ:TMCI) Stock, Analyst Ratings, Price Targets, Forecasts

Treace Medical Concepts Inc has a consensus price target of $10.34 based on the ratings of 8 analysts. The high is $25 issued by Stephens & Co. on September 12, 2023. The low is $7 issued by UBS on August 7, 2024. The 3 most-recent analyst ratings were released by Truist Securities, JP Morgan, and Stifel on December 18, 2024, December 17, 2024, and November 6, 2024, respectively. With an average price target of $8.13 between Truist Securities, JP Morgan, and Stifel, there's an implied 16.85% upside for Treace Medical Concepts Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Jul
1
Aug
0
0
0
0
Oct
0
0
0
0
Nov
1
Dec
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.1
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Truist Securities
JP Morgan
Stifel
UBS
Morgan Stanley

1calculated from analyst ratings

Analyst Ratings for Treace Medical Concepts

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Treace Medical Concepts (TMCI) stock?

A

The latest price target for Treace Medical Concepts (NASDAQ:TMCI) was reported by Truist Securities on December 18, 2024. The analyst firm set a price target for $8.40 expecting TMCI to rise to within 12 months (a possible 20.68% upside). 15 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Treace Medical Concepts (TMCI)?

A

The latest analyst rating for Treace Medical Concepts (NASDAQ:TMCI) was provided by Truist Securities, and Treace Medical Concepts maintained their hold rating.

Q

When was the last upgrade for Treace Medical Concepts (TMCI)?

A

The last upgrade for Treace Medical Concepts Inc happened on January 7, 2022 when Morgan Stanley raised their price target to $30. Morgan Stanley previously had an equal-weight for Treace Medical Concepts Inc.

Q

When was the last downgrade for Treace Medical Concepts (TMCI)?

A

The last downgrade for Treace Medical Concepts Inc happened on May 16, 2024 when UBS changed their price target from $16 to $6.5 for Treace Medical Concepts Inc.

Q

When is the next analyst rating going to be posted or updated for Treace Medical Concepts (TMCI)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Treace Medical Concepts, 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 Treace Medical Concepts was filed on December 18, 2024 so you should expect the next rating to be made available sometime around December 18, 2025.

Q

Is the Analyst Rating Treace Medical Concepts (TMCI) correct?

A

While ratings are subjective and will change, the latest Treace Medical Concepts (TMCI) rating was a maintained with a price target of $7.00 to $8.40. The current price Treace Medical Concepts (TMCI) is trading at is $6.96, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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