B. Riley analyst Anderson Schock raised the firm’s price target on Tactile Systems (TCMD) to $13 from $12 and keeps a Neutral rating on the shares following the Q2 report. The firm cites the company’s raised guidance and reduced share count for the target bump.
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Read More on TCMD:
- Buy Recommendation for Tactile Systems Technology: Strong Q2 Performance and Strategic Restructuring Drive Positive Outlook
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- Tactile Systems reports Q2 EPS 14c, consensus 14c
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