RCM Technologies price target raised to $37 from $35 at B. Riley

B. Riley analyst Alex Rygiel raised the firm’s price target on RCM Technologies (RCMT) to $37 from $35 and keeps a Buy rating on the shares. RCM’s Q3 results were in line with the firm’s estimates, driven by solid growth across its engineering and healthcare segments, the analyst tells investors in a research note. The company is taking steps to align with various opportunities across all of its segments and expects to continue to drive low double digit earnings growth long-term, B. Riley says.