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TCMD

Tactile Systems

$70.07

0.9 (1.30%)

07:26
01/13/20
01/13
07:26
01/13/20
07:26

Tactile Systems CEO Gerald Mattys to retire

Tactile Systems announced that Gerald R. Mattys has communicated his intention to retire as Chief Executive Officer of the Company in 2020. The Board of Directors has initiated a process to identify a successor for Mr. Mattys and has engaged an executive search firm to support the search. Mr. Mattys plans to continue as the Chief Executive Officer until his successor has started and will assist in ensuring a successful transition.

  • 14

    Jan

TCMD Tactile Systems
$70.07

0.9 (1.30%)

10/21/19
OPCO
10/21/19
INITIATION
OPCO
Perform
Tactile Systems initiated with a Perform at Oppenheimer
Oppenheimer analyst Suraj Kalia initiated coverage of Tactile Systems Technology with a Perform rating and no price target. The analyst has fundamental concerns about the science on lymphedema and the company's high cost of doing business.
11/05/19
PIPR
11/05/19
NO CHANGE
Target $70
PIPR
Overweight
Tactile Systems price target lowered to $70 from $84 at Piper Jaffray
Piper Jaffray analyst JP McKim lowered his price target for Tactile Systems to $70 from $84 while reiterating an Overweight rating on the name. Tactile reported results beating on both the top and bottom lines and raised guidance for the full year, McKim tells investors in a post-earnings research note. While the implied guidance for Q4 "does appear a little light," says the analyst, he believes this is largely conservatism from management. McKim encourages investors to "take a look at the name with shares at these levels."
11/18/19
PIPR
11/18/19
NO CHANGE
Target $70
PIPR
Overweight
Tactile Systems transferred with an Overweight at Piper Jaffray
Piper Jaffray analyst Matt O'Brien took over coverage of Tactile Systems and reiterates an Overweight rating on the shares with an unchanged price target of $70. He expects increased brand awareness and new products to drive strong revenue growth.
12/12/19
BTIG
12/12/19
NO CHANGE
Target $72
BTIG
Buy
Tactile Systems price target raised to $72 from $62 at BTIG
BTIG analyst Ryan Zimmerman raised his price target on Tactile Systems to $72 and kept his Buy rating after holding investor meetings with its management following a top-line Q3 beat and increased guidance. The analyst is positive on the company's "growth story" given its large market opportunity, potential for increased penetration, and "good execution history."

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CTXS

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Hostess Brands

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RLI

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MGY

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AVNW

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QCRH

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CTXS

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CPE

Callon Petroleum

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BFST

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TTMI

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WLDN

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FUL

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