B. Riley raised the firm’s price target on RCM Technologies to $35 from $24 and keeps a Buy rating on the shares. The analyst says the company’s management has executed well on its plan to create value for shareholders while building a strong, more diverse business over the past five years. The firm remains upbeat on RCM’s prospects for attractive growth and greater value creation. It sees the company’s Q4 “inflecting to positive growth.”
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