On May 14, 2025, Roth MKM analyst Jeff Martin reaffirmed the "Buy" rating for Transact Technologies (TACT, Financial), maintaining confidence in the stock's potential. However, there was a notable adjustment in the price target.
The price target for Transact Technologies (TACT, Financial) was lowered from $6.00 to $5.00 USD. This change represents a 16.67% decrease in the target price, indicating adjustments in expectations for the stock's near-term performance despite the maintained "Buy" rating.
This update is essential for investors tracking the performance and projection of Transact Technologies (TACT, Financial), as they evaluate the potential investment opportunities and risks associated with the stock. Stay tuned for further updates and insights on the stock's performance and market conditions.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 1 analysts, the average target price for Transact Technologies Inc (TACT, Financial) is $6.00 with a high estimate of $6.00 and a low estimate of $6.00. The average target implies an upside of 71.43% from the current price of $3.50. More detailed estimate data can be found on the Transact Technologies Inc (TACT) Forecast page.
Based on the consensus recommendation from 2 brokerage firms, Transact Technologies Inc's (TACT, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
