TCMD Similar Chart Price Prediction
The price of TCMD is predicted to go up 8.26%, based on the high correlation periods with AKAM. The similarity of these two price pattern on the periods is 98.79%.
TCMD
AKAM
Up: 8.26%Similarity: 98.79%
TCMD Revenue Forecast
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TCMD Analyst's Forecast
Sean Lavin
BTIG
Strong Buy → Hold
2024-11-05
Price Target
n/a
Downside
0%
BTIG downgraded Tactile Systems to Neutral from Buy without a price target following the Q3 report. While the shares are inexpensive and Tactile announced a $30M share buyback, the "nagging documentation requirements" are hampering productivity gains within the sales force and impacting growth in other payer channels, the analyst tells investors in a research note. The firm is concerned these dynamics will persist for the next few quarters even in the face of the company's remediation efforts.
