Tactile Systems price target raised to $32 from $23.50 at Lake Street

Lake Street raised the firm’s price target on Tactile Systems (TCMD) to $32 from $23.50 and keeps a Buy rating on the shares after “a massive Q3 outperformance” that included the company more than doubling the firm’s EPS estimate and exceeding its revenue forecast by nearly 9%. The firm anticipates a return to double-digit top line growth in FY26, the analyst tells investors in a post-earnings note.