Information Provided By:
Fly News Breaks for February 27, 2017
DXCM
Feb 27, 2017 | 08:54 EDT
Wedbush analyst Tao Levy noted that the Swiss Agency for Therapeutic Products announced that Dexcom is recalling and offering to replace all G4 Platinum and G5 Mobile Receivers in Switzerland shipped prior to September 23, 2016 and he would not be surprised to see similar notifications in other countries where Dexcom's products are sold. A charge related to recalls could amount to $36M at the "upper end," but would likely be lower, estimates Levy, who adds that while the recall may cause some "temporary disruption," it should also put this issue to rest. The firm has an Outperform rating on Dexcom shares.
News For DXCM From the Last 2 Days
There are no results for your query DXCM