Transcat price target raised to $108 from $106 at H.C. Wainwright

H.C. Wainwright analyst Scott Buck raised the firm’s price target on Transcat to $108 from $106 and keeps a Buy rating on the shares post the fiscal Q4 beat. The company has shown consistent execution quarter after quarter, the analyst tells investors in a research note. The firm continues to see an attractive risk/reward for the shares.