Tactile Systems Technology Inc has a consensus price target of $29.33 based on the ratings of 3 analysts. The high is $30 issued by Oppenheimer on August 8, 2023. The low is $28 issued by BTIG on April 17, 2023. The 3 most-recent analyst ratings were released by Oppenheimer, Oppenheimer, and Piper Sandler on August 8, 2023, May 9, 2023, and May 9, 2023, respectively. With an average price target of $28 between Oppenheimer, Oppenheimer, and Piper Sandler, there's an implied 101.29% upside for Tactile Systems Technology Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Tactile Systems Tech (NASDAQ:TCMD) was reported by Oppenheimer on August 8, 2023. The analyst firm set a price target for $30.00 expecting TCMD to rise to within 12 months (a possible 114.52% upside). 0 analyst firms have reported ratings in the last year.
The latest analyst rating for Tactile Systems Tech (NASDAQ:TCMD) was provided by Oppenheimer, and Tactile Systems Tech maintained their outperform rating.
There is no last upgrade for Tactile Systems Tech
There is no last downgrade for Tactile Systems Tech.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Tactile Systems Tech, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Tactile Systems Tech was filed on August 8, 2023 so you should expect the next rating to be made available sometime around August 8, 2024.
While ratings are subjective and will change, the latest Tactile Systems Tech (TCMD) rating was a maintained with a price target of $24.00 to $30.00. The current price Tactile Systems Tech (TCMD) is trading at is $13.99, which is out of the analyst’s predicted range.
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