Lake Street initiated coverage of Transcat (TRNS) with a Buy rating and $105 price target Transcat is a “compelling” way to gain exposure in the calibration and test & measurement market, and the company’s ability to execute on its growth strategy through its Service segment and inorganic opportunities should lead to long-term top and bottom line growth, the analyst tells investors in a research note.
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Read More on TRNS:
- Transcat’s Growth Potential and Strategic Acquisitions Drive Buy Rating
- Transcat price target raised to $116 from $106 at H.C. Wainwright
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