Tactile Systems price target raised to $40 from $32 at Lake Street

Lake Street analyst Ben Haynor raised the firm’s price target on Tactile Systems (TCMD) to $40 from $32 and keeps a Buy rating on the shares. Tactile posted “massive upside” for the second consecutive quarter, says the analyst, who is raising estimates and the firm’s target as it rolls forward into its newly introduced FY27 estimates.