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Fly News Breaks for March 1, 2017
DXCM
Mar 1, 2017 | 08:37 EDT
Leerink analyst Danielle Antalffy raised her price target for Dexcom to $90 from $80 following Q4 results. At the very least, the analyst believes recently-announced CMS coverage makes Dexcom's 2017 sales growth guidance easily achievable, and at best likely beatable. And with a plethora of incremental growth drivers, the company is well-positioned to drive "sustainable strong" double-digit growth longer term, she adds. Antalffy reiterates an Outperform rating on the shares.
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