What 4 Analyst Ratings Have To Say About Transcat
Portfolio Pulse from Benzinga Insights
Four analysts have provided varied opinions on Transcat (NASDAQ:TRNS) over the past quarter, with ratings ranging from bullish to somewhat bullish. The average 12-month price target has increased to $141.25, with a high estimate of $160.00 and a low estimate of $124.00. Recent actions include rating raises and maintained ratings from Oppenheimer and HC Wainwright & Co.
May 22, 2024 | 5:01 pm
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Analysts have provided mixed ratings for Transcat (NASDAQ:TRNS) with an average 12-month price target of $141.25, reflecting a 14.84% increase from the previous average. Recent actions include rating raises and maintained ratings from Oppenheimer and HC Wainwright & Co.
The increase in the average price target and the recent rating raises from reputable firms like Oppenheimer and HC Wainwright & Co. suggest a positive short-term outlook for Transcat. The bullish and somewhat bullish ratings indicate confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100