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Fly News Breaks for August 23, 2018
DXCM
Aug 23, 2018 | 08:49 EDT
Baird analyst Jeff Johnson raised his price target on DexCom to $160 from $140 following its acquisition of TypeZero Technologies. The analyst believes the deal is a strategic positive for the company as it expands the ecosystem management continues to build out. He also sees industry tailwinds remaining and still-conservative Street estimates. Johnson reiterated his Outperform rating on DexCom shares.
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