Transcat price target lowered to $110 from $130 at Northland
The Fly

Transcat price target lowered to $110 from $130 at Northland

Northland analyst Ted Jackson lowered the firm’s price target on Transcat (TRNS) to $110 from $130 and keeps a Market Perform rating on the shares. Transcat reported Q2 results, missing sales and earnings expectations, which drove a “modest reduction” in the firm’s near-term financial forecast, the analyst tells investors.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App