B. Riley analyst Liam Burke lowered the firm’s price target on RCM Technologies (RCMT) to $30 from $37 and keeps a Buy rating on the shares. The company is taking steps to align with various opportunities across its segments and expects to continue to drive higher return on invested capital and has the assets in place to execute on its strategy, the analyst tells investors in a research note.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RCMT: