Transcat (TRNS) has disclosed a new risk, in the Litigation & Legal Liabilities category.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Transcat faces intermittent legal challenges inherent to its operations, which could lead to significant financial repercussions. These legal issues, stemming from a variety of sources such as customer complaints, employee disputes, or contractual disagreements, carry the potential for hefty judgments or settlements. While Transcat maintains liability insurance, there remains a risk that certain claims could surpass coverage limits or fall outside policy protections, thereby materially affecting the company’s financial stability and operational focus.
The average TRNS stock price target is $148.67, implying 16.36% upside potential.
To learn more about Transcat’s risk factors, click here.
