Transcat (TRNS) has disclosed a new risk, in the Litigation & Legal Liabilities category.
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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.