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Fly News Breaks for November 2, 2016
DXCM
Nov 2, 2016 | 09:01 EDT
Canaccord analyst Kyle Rose lowered his price target on DexCom to $70 from $100 citing the impact of competitive launches that could weigh on the stock in the near-term. The analyst does not believe these will define the stock in the medium or long-term and believes investors should focus on catalysts for the second half of 2017. Rose maintained his Buy rating on DexCom shares.
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