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DXCM

Dexcom

$81.93

-3.05 (-3.59%)

, MDT

Medtronic

$86.11

-0.28 (-0.32%)

08:20
10/05/16
10/05
08:20
10/05/16
08:20

Medtronic CGM adoption could be tempered by false alarm rates, says Wedbush

Wedbush analyst Tao Levy analyzed the recently released Summary and Effectiveness Data for Medtronic's (MDT) 670G System, which he does not believe many outside of the Continuous glucose monitoring, or CGM, manufacturers have read, and came away with the belief that its new Guardian Sensor CGM standalone system suffers from a relatively large rate of false hypoglycemia alarms. While it cannot be known for sure how competitive the Guardian Sensor will be when it is eventually approved and launched in the next several months, Levy thinks elevated false alarm rates could temper adoption and that it is "too early to assume" that the product will hinder Dexcom's (DXCM) growth. The analyst keeps a Neutral rating on Medtronic and an Outperform rating on Dexcom.

DXCM

Dexcom

$81.93

-3.05 (-3.59%)

MDT

Medtronic

$86.11

-0.28 (-0.32%)

  • 01

    Nov

  • 10

    Nov

DXCM Dexcom
$81.93

-3.05 (-3.59%)

09/28/16
WBLR
09/28/16
NO CHANGE
WBLR
Outperform
Dexcom weakness a buying opportunity, says William Blair
09/28/16
JPMS
09/28/16
NO CHANGE
JPMS
Overweight
Dexcom shares defended at JPMorgan
09/29/16
COWN
09/29/16
NO CHANGE
COWN
Outperform
Cowen says views on Dexcom, Insulet not changed by competitor launches
Cowen analyst Doug Schenkel noted that Abbott (ABT) announced yesterday it had received FDA approval for the professional version of its FreeStyle Libre glucose monitoring product and filed the consumer version of Libre, while Medtronic (MDT) also announced FDA approval of its 670G Hybrid Closed Loop system. Schenkel said Abbott's consumer Libre filing comes a few months ahead of his expectations but that Medtronic's timing was in-line with expectations. The analyst said the competitor announcements, which had been expected, do not change his views on DexCom (DXCM), Insulet (PODD), or Tandem Diabetes (TNDM) and he keeps Outperform ratings on all three of those stocks.
09/29/16
BARD
09/29/16
NO CHANGE
BARD
Dexcom, Insulet could be weighed down by competitive concerns, says Baird
Baird analyst Jeff Johnson said that while the FDA approvals announced yesterday for Abbott's (ABT) FreeStyle Libre Pro and Medtronic's (MDT) 670G were largely anticipated, he believes that both approvals came sooner than most expected, as did news that Abbott also recently filed for FDA approval of its consumer Libre system. The approvals could "change the narrative" in diabetes and could weigh on others in the sector in the near-term, most notably Dexcom (DXCM) and Insulet (PODD), Johnson tells investors. He keeps Neutral ratings on both and maintains an Overweight rating on Tandem Diabetes (TNDM), citing valuation for the difference.
MDT Medtronic
$86.11

-0.28 (-0.32%)

08/25/16
FBCO
08/25/16
NO CHANGE
Target $92
FBCO
Outperform
Medtronic price target raised to $92 from $85 at Credit Suisse
Credit Suisse analyst Matthew Keeler raised long-term estimates for Medtronic and increased its price target to $92 to reflect the company's restated revenue reporting lines and raised its out-yer Diabetes and margin estimates. Keeler continues to see upside to shares given Medtronic's solid free cash flow, strong pipeline, and above-market topline growth. The analyst has an Outperform rating on Medtronic shares.
08/26/16
PIPR
08/26/16
NO CHANGE
PIPR
Medtronic guidance conservative, says Piper Jaffray
After Medtronic reported higher than expected Q1 EPS and in-line revenue, Piper Jaffray analyst Brooks West says the quarter was "just fine." He says that the company's failure to raise its revenue guidance to reflect recent acquisitions was conservative and "de-risks" its now "beatable" guidance. West expects new products to bolster the company's revenue, and he predicts that it will continue to gain share in CRM. He keeps a $104 price target and Overweight rating on the stock.

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MTN

Vail Resorts

$160.92

-1.81 (-1.11%)

20:25
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Earnings
Notable companies reporting before tomorrow's open »

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MON

Monsanto

$104.70

-0.71 (-0.67%)

20:17
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Hot Stocks
Washington sues Monsanto over PCB contamination »

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USAC

USA Compression

$18.01

-0.14 (-0.77%)

20:15
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Syndicate
USA Compression 4.5M share Spot Secondary priced at $16.25 »

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ICHR

Ichor Holdings

20:11
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Ichor Holdings 5.9M share IPO priced at $9.00 »

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    Dec

GOOG

Alphabet

$776.42

5.23 (0.68%)

, GOOGL

Alphabet Class A

$795.17

3.7 (0.47%)

19:53
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12/08
19:53
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19:53
Periodicals
YouTube-NMPA settlement estimated at over $40M, NY Times says »

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GOOG

Alphabet

$776.42

5.23 (0.68%)

GOOGL

Alphabet Class A

$795.17

3.7 (0.47%)

SNE

Sony

$29.16

0.55 (1.92%)

VIVHY

Vivendi

$18.83

-0.455 (-2.36%)

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  • 15

    Jan

GOOG

Alphabet

$776.42

5.23 (0.68%)

, GOOGL

Alphabet Class A

$795.17

3.7 (0.47%)

19:46
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Hot Stocks
YouTube reaches agreement to pay out unclaimed song royalties »

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GOOG

Alphabet

$776.42

5.23 (0.68%)

GOOGL

Alphabet Class A

$795.17

3.7 (0.47%)

SNE

Sony

$29.16

0.55 (1.92%)

VIVHY

Vivendi

$18.83

-0.455 (-2.36%)

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  • 15

    Jan

ATH

Athene Holding

19:33
12/08/16
12/08
19:33
12/08/16
19:33
Syndicate
Athene Holding 27M share IPO priced at $40.00 »

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  • 09

    Dec

MMM

3M

$175.88

-0.17 (-0.10%)

19:29
12/08/16
12/08
19:29
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19:29
Hot Stocks
3M to sell identity management business to Gemalto for $850M »

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  • 13

    Dec

SMI

SMIC

$5.99

-0.54 (-8.27%)

19:24
12/08/16
12/08
19:24
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19:24
Hot Stocks
SMIC announces 10-for-1 reverse stock split »

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VTR

Ventas

$62.61

0.41 (0.66%)

19:10
12/08/16
12/08
19:10
12/08/16
19:10
Hot Stocks
Ventas raises quarterly dividend 6% to 77.5c per share »

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WFC

Wells Fargo

$57.29

0.01 (0.02%)

19:08
12/08/16
12/08
19:08
12/08/16
19:08
Periodicals
Wells Fargo chairman appointed to sales investigation committee, Reuters says »

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  • 08

    Dec

WFC

Wells Fargo

$57.29

0.01 (0.02%)

19:03
12/08/16
12/08
19:03
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19:03
Periodicals
Former Wells Fargo managers file suit over fake accounts, Bloomberg reports »

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  • 08

    Dec

EIX

Edison International

$69.44

-0.17 (-0.24%)

18:42
12/08/16
12/08
18:42
12/08/16
18:42
Hot Stocks
Edison International raises annual dividend 13% to $2.17 per share »

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PLM

PolyMet Mining

$0.87

0.0001 (0.01%)

18:24
12/08/16
12/08
18:24
12/08/16
18:24
Earnings
Breaking Earnings news story on PolyMet Mining »

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MTCH

Match Group

$18.38

0.18 (0.99%)

18:24
12/08/16
12/08
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18:24
Hot Stocks
Match Group launches 'Swipe Ventures,' says Tinder CEO to step down »

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BIIB

Biogen

$289.54

4.24 (1.49%)

18:18
12/08/16
12/08
18:18
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Hot Stocks
Biogen to present aducanumab Phase 1b data at CTAD meeting »

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  • 08

    Dec

HIVE

Aerohive

$5.41

0.18 (3.44%)

18:17
12/08/16
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Hot Stocks
Discovery Group reports 9.1% stake in Aerohive Networks, sends letter to board »

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ENLK

EnLink Midstream Partners

$17.45

0.2 (1.16%)

, ENLC

EnLink Midstream

$18.20

0.1 (0.55%)

18:05
12/08/16
12/08
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18:05
Periodicals
Outrigger Energy nears sale to midstream services provider, Forbes says »

Private-equity backed…

ENLK

EnLink Midstream Partners

$17.45

0.2 (1.16%)

ENLC

EnLink Midstream

$18.20

0.1 (0.55%)

TRGP

Targa Resources

$54.20

0.38 (0.71%)

ETP

Energy Transfer Partners

$35.13

0.55 (1.59%)

03/08/13
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POST

Post Holdings

$78.65

0.96 (1.24%)

18:02
12/08/16
12/08
18:02
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18:02
Hot Stocks
Post Holdings settles egg antitrust class action claims »

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ENZN

Enzon

$0.44

-0.0027 (-0.62%)

17:54
12/08/16
12/08
17:54
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17:54
Hot Stocks
Icahn says enters standstill pact with Enzon »

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LDOS

Leidos

$52.27

0.15 (0.29%)

17:53
12/08/16
12/08
17:53
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17:53
Hot Stocks
Leidos awarded $350M government contract »

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DDC

Dominion Diamond

$10.27

0.21 (2.09%)

17:50
12/08/16
12/08
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17:50
Hot Stocks
Dominion Diamond sees FY17 production at Ekati diamond mine 4.5M carats »

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  • 09

    Dec

FNSR

Finisar

$34.13

1.89 (5.86%)

, AVGO

Broadcom

$170.71

2.16 (1.28%)

17:49
12/08/16
12/08
17:49
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17:49
Hot Stocks
On The Fly: After Hours Movers »

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FNSR

Finisar

$34.13

1.89 (5.86%)

AVGO

Broadcom

$170.71

2.16 (1.28%)

GLPG

Galapagos NV

$58.95

0.71 (1.22%)

XTLY

Xactly

$14.35

0.35 (2.50%)

RH

Restoration Hardware

$38.99

1.05 (2.77%)

DLTH

Duluth Holdings

$37.04

3.09 (9.10%)

NCS

NCI Building

$17.85

0.6 (3.48%)

FRED

Fred's

$10.84

0.15 (1.40%)

USAC

USA Compression

$18.01

-0.14 (-0.77%)

FRO

Frontline

$7.71

0.37 (5.04%)

WSM

Williams-Sonoma

$56.90

0.61 (1.08%)

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  • 08

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    Dec

  • 13

    Dec

  • 14

    Dec

  • 09

    Dec

ESRX

Express Scripts

$70.75

-5.1 (-6.72%)

, ANTM

Anthem

$146.61

1.41 (0.97%)

17:48
12/08/16
12/08
17:48
12/08/16
17:48
Hot Stocks
Citron's Andrew Left: 'By no means' calling Express Scripts a fraud or zero »

Speaking in a CNBC…

ESRX

Express Scripts

$70.75

-5.1 (-6.72%)

ANTM

Anthem

$146.61

1.41 (0.97%)

CVS

CVS Health

$78.11

-2.42 (-3.01%)

03/08/13
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  • 15

    Dec

DDC

Dominion Diamond

$10.27

0.21 (2.09%)

17:45
12/08/16
12/08
17:45
12/08/16
17:45
Earnings
Dominion Diamond reports Q3 EPS 34c with items, consensus (32c) »

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  • 09

    Dec

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