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TCMD

Tactile Systems

$28.05

-0.77 (-2.67%)

07:16
01/08/18
01/08
07:16
01/08/18
07:16

Tactile Systems sees FY17 revenue $108.5M-$109M, consensus $107.72M

Representing growth of approximately 28% to 29% year-over-year.

  • 26

    Feb

TCMD Tactile Systems
$28.05

-0.77 (-2.67%)

10/17/17
NORL
10/17/17
INITIATION
Target $31.5
NORL
Market Perform
Tactile Systems initiated with a Market Perform at Northland
Northland analyst Suraj Kalia initiated Tactile Systems with a Market Perform and $31.50 price target given fundamental concerns about the space and the high cost of doing business.
11/09/17
BTIG
11/09/17
UPGRADE
BTIG
Buy
Tactile Systems upgraded to Buy from Neutral at BTIG
11/09/17
BTIG
11/09/17
UPGRADE
Target $34
BTIG
Buy
Tactile Systems upgraded to Buy at BTIG on valuation
As noted earlier, BTIG analyst Sean Lavin upgraded Tactile Systems to Buy from Neutral with a $34 price target. Lavin says that shares have been under pressure since September and now offer a "compelling" re-entry. While he is concerned with potential for conservative FY18 outlook, the analyst notes that the company has been beating expectations on earnings and believes investors will not panic. Lavin also adds that the company's relationships with physicians and insurers offers a barrier to expiring IP assets.
12/08/17
SIDC
12/08/17
INITIATION
Target $31
SIDC
Neutral
Tactile Systems initiated with a Neutral at Sidoti
Sidoti initiated Tactile Systems with a Neutral and $31 price target.

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