Tactile Systems Tech (TCMD): “Buy” Rating was Reaffirmed by Equity Analysts at Canaccord Genuity; with Target of $60.

June 26, 2018 - By Bridget Boland

Reiterated Tactile Systems Tech (TCMD) Rating.

In an analyst report revealed to clients and investors by Canaccord Genuity’s investment analysts, Tactile Systems Tech (TCMD) had it’s stock Rating reiterated to “Buy”. On Monday, 25 June it has $60 or 10.03 % price target that suggests a potential upside move.

Tactile Systems Technology, Inc. (NASDAQ:TCMD) Ratings Coverage

In total 4 analysts cover Tactile Systems Technology (TCMD). “Buy” rating has 2, “Sell” are 1, while 1 are “Hold”. 50% are bullish. With $60 highest and $31.5 lowest PT Tactile Systems Technology has $47.17 average PT or -13.50% below the current ($54.53) price. 9 are the (TCMD)’s analyst reports since January 2, 2018 according to StockzIntelligence Inc. On Tuesday, January 2 the rating was maintained by Canaccord Genuity with “Buy”. On Monday, January 8 Canaccord Genuity maintained the shares of TCMD in report with “Buy” rating. On Tuesday, February 27 Canaccord Genuity maintained the shares of TCMD in report with “Buy” rating. On Tuesday, February 27 Northland Capital downgraded Tactile Systems Technology, Inc. (NASDAQ:TCMD) rating. Northland Capital has “Hold” rating and $31.5 target. On Monday, June 25 the company was maintained by Canaccord Genuity. On Tuesday, February 27 the stock of Tactile Systems Technology, Inc. (NASDAQ:TCMD) has “Buy” rating given by Guggenheim. On Monday, June 4 the rating was downgraded by BTIG Research to “Neutral”. On Tuesday, May 8 the stock of Tactile Systems Technology, Inc. (NASDAQ:TCMD) has “Buy” rating given by Canaccord Genuity. On Monday, June 4 Northland Capital downgraded the shares of TCMD in report to “Underperform” rating.

Ticker’s shares touched $54.53 during the last trading session after 1.66% change.Tactile Systems Technology, Inc. has volume of 82,210 shares. Since June 26, 2017 TCMD has risen 110.96% and is uptrending. TCMD outperformed by 98.39% the S&P 500.

On August, 6. Investors wait Tactile Systems Technology, Inc. (NASDAQ:TCMD) to report its quarterly earnings, RTT reports. The EPS diference is $0.02 or 50.00 % up from last years number. Previous year: $0.04; Analysts forcast: $0.06. TCMD’s profit could be $1.08M with 227.21 P/E in case $0.06 EPS is announced.

Tactile Systems Technology, Inc., a medical technology company, develops and provides medical devices for the treatment of chronic diseases in the United States.The firm is valued at $985.59 million. The firm offers proprietary Flexitouch system, an at-home solution for lymphedema patients; and ACTitouch system, a home solution for chronic venous insufficiency patients.142.75 is the P/E ratio. It also provides Entré System, a basic pneumatic compression device that is used for the at-home treatment of venous disorders, such as lymphedema and chronic venous insufficiency, including venous leg ulcers.

For more Tactile Systems Technology, Inc. (NASDAQ:TCMD) news published briefly go to: Globenewswire.com, Benzinga.com, Globenewswire.com, Seekingalpha.com or Nasdaq.com. The titles are as follows: “Tactile Medical Acquires Intellectual Property Rights Related to Pneumatic Compression Device Technology” published on June 04, 2018, “Benzinga’s Top Upgrades, Downgrades For June 4, 2018” on June 04, 2018, “Research Report Identifies LegacyTexas Financial Group, Cracker Barrel Old Country Store, BP Prudhoe Bay Royalty …” with a publish date: June 21, 2018, “Premarket analyst action – healthcare” and the last “Tactile Medical Announces New Clinical Publication Demonstrating the Health and Economic Benefits of Flexitouch for …” with publication date: June 22, 2018.

Tactile Systems Technology, Inc. (NASDAQ:TCMD) Analyst Ratings Chart

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