TRCR Anticipates 10%-15% Organic Growth Rate, Goldman Sachs Reports

Goldman Sachs reports that it recently met with Larry Gerdes, CEO of Transcend Services TRCR. “The company believes that the overall market is growing at a modest pace, likely near 5%, and pricing pressure remains a factor in the market,” Goldman Sachs writes. “However, the company anticipates a 10%-15% organic growth rate for its own business due to share gains and value-added offerings.” Transcend Services closed Friday at $21.16.