Craig-Hallum Maintains Buy on Transact Technologies, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst George Sutton maintains a Buy rating on Transact Technologies (NASDAQ:TACT) but lowers the price target from $10 to $9.

March 13, 2024 | 2:44 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Transact Technologies' price target was lowered from $10 to $9 by Craig-Hallum, though the Buy rating was maintained.
While the reduction in price target could suggest a tempered outlook on the stock's short-term price potential, the maintenance of a Buy rating indicates a continued positive long-term view. This mixed signal could lead to neutral short-term price movement as investors weigh the implications.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100