NEWTON, Mass.--(BUSINESS WIRE)--MFIC Corporation (“MFIC” or the “Company”) (OTCBB:MFIC) announced today that Taglich Brothers on December 11, 2006 increased its twelve month price target for MFIC to $2.80 while retaining its rating of MFIC as a “Speculative Buy” and published an updated research report for the Company (current price $1.71).
