Information Provided By:
Fly News Breaks for November 29, 2018
DXCM
Nov 29, 2018 | 07:45 EDT
JPMorgan analyst Robbie Marcus recommends buying would DexCom into the company's first ever analyst day on December 4. The analyst sees "significant potential upside" to 2019 estimates and a "multi-billion dollar underpenetrated" total addressable market for the company. He believes DexCom has a "clear technological lead" versus peers and reiterates an Overweight rating on the shares with a $165 price target. The stock is his top SMID-cap pick.
News For DXCM From the Last 2 Days
DXCM
Apr 25, 2024 | 15:11 EDT
Pre-earnings options volume in DexCom is 11.4x normal with calls leading puts 11:2. Implied volatility suggests the market is anticipating a move near 5.8%, or $8.05, after results are released. Median move over the past eight quarters is 5.4%.