Transcat price target raised to $96 from $88 at H.C. Wainwright

H.C. Wainwright analyst Scott Buck raised the firm’s price target on Transcat to $96 from $88 and keeps a Buy rating on the shares following the better than expected fiscal Q3 results. Transcat benefits from strength in its core life science and aerospace and defense customer base, the analyst tells investors in a research note.