In a report released yesterday, Suraj Kalia from Oppenheimer assigned a Hold rating to Tactile Systems Technology (TCMD). The company’s shares closed last Monday at $37.17.
According to TipRanks.com, Kalia is a 4-star analyst with an average return of 3.0% and a 50.3% success rate. Kalia covers the Healthcare sector, focusing on stocks such as Inspire Medical Systems, Cardiovascular Systems, and Irhythm Technologies.
Currently, the analyst consensus on Tactile Systems Technology is a Strong Buy with an average price target of $61.00.
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The company has a one-year high of $71.65 and a one-year low of $29.47. Currently, Tactile Systems Technology has an average volume of 223.6K.
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Tactile Systems Technology, Inc. is a medical technology company. It develops and provides innovative medical devices for the treatment of chronic diseases at home. The company focus on advancing the standard of care in treating chronic diseases in the home setting to improve patient outcomes and quality of life and help control rising healthcare expenditures. It possesses a platform to deliver at-home healthcare solutions throughout the United States. Tactile Systems Technology was founded on January 30, 1995 and is headquartered in Minneapolis, MN.