The Latest Analyst Ratings for Transcat
Portfolio Pulse from Benzinga Insights
Analysts have provided bullish ratings for Transcat (NASDAQ:TRNS) in the last quarter, with 5 bullish and 1 somewhat bullish ratings. The average 12-month price target for Transcat has increased by 7.15% to $102.33 from the previous target of $95.50.
August 04, 2023 | 10:16 am
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POSITIVE IMPACT
Transcat received positive ratings from analysts, which could boost investor confidence and potentially drive the stock price up in the short term.
Analysts' ratings are a significant factor that investors consider when making investment decisions. The bullish ratings and increased price target for Transcat indicate a positive outlook for the company, which could lead to an increase in its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100