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TCMD

Tactile Systems

$53.75

-0.55 (-1.01%)

08:39
07/22/19
07/22
08:39
07/22/19
08:39

Tactile Systems appoints Jay Stracke as VP of reimbursement, payer relations

Tactile Systems Technology announced the appointment of Jay Stracke to the position of VP of Reimbursement and Payer Relations, effective July 15, 2019. Stracke will succeed Tactile Medical's SVP of Reimbursement and Payer Relations, Mary Thompson, RN, who will retire from her full-time role and move into a part-time role as VP, Payer Initiatives. Prior to joining Tactile Medical, Stracke was senior director of Global Clinical and Health Economic Marketing at Smiths Medical.

  • 05

    Aug

  • 09

    Sep

TCMD Tactile Systems
$53.75

-0.55 (-1.01%)

05/06/19
PIPR
05/06/19
NO CHANGE
Target $84
PIPR
Overweight
Tactile Systems price target raised to $84 from $80 at Piper Jaffray
Piper Jaffray analyst JP Kim raised his price target on Tactile Systems to $84 and kept his Overweight rating after its "strong" Q1 results and raised FY19 guidance. The analyst says the company's profitability was "impressive", adding the results were made "even better" given the tough comparable Q1 in FY18. Kim also sees Tactile Systems "on track if not ahead" of pace relative to its outlook and believes that the number of sales reps hired bodes well for the company's performance for the rest of the year.
05/07/19
GUGG
05/07/19
NO CHANGE
Target $100
GUGG
Buy
Tactile Systems price target raised to $100 from $95 at Guggenheim
Guggenheim analyst Chris Pasquale raised his price target for Tactile Systems Technology to $100 from $95 saying the company reported "strong" Q1 results. Even absent the revenue recognition change, sales would have still beaten by $1.6M and top line growth would have still topped 30% for the fourth time in the past five quarters, Pasquale tells investors in a research note. The analyst sees the quarter as further evidence that Tactile Systems is "still in the early stages of addressing a large market opportunity." He believes this is not fully reflected in the stock at current levels and reiterates a Buy rating on Tactile Systems.
06/06/19
PIPR
06/06/19
NO CHANGE
Target $84
PIPR
Overweight
Tactile Systems should be bought on recent pullback, says Piper Jaffray
Piper Jaffray analyst JP McKim reiterates an Overweight rating on Tactile Systems with a $94 price target after traveling with CEO Jerry Mattys and CFO Brent Moen. The analyst says the meetings reinforced his long-term thesis that the company's market remains under penetrated and that Tactile's direct to market approach is the best way to drive adoption going forward. McKim recommends buying the stock following the recent pullback.
06/13/19
DOTC
06/13/19
INITIATION
DOTC
Buy
Tactile Systems initiated with a Buy at Dougherty
Dougherty analyst Kyle Bauser started Tactile Systems with a Buy rating and $80 price target.

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