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Fly News Breaks for February 22, 2019
DXCM
Feb 22, 2019 | 08:24 EDT
Cowen analyst Doug Schenkel raised his price target on DexCom to $175 from $150 following its "blowout" Q4 results. The analyst believes its guidance leaves plenty of room for top and bottom line upside, though he admits a new competitor product could provide headline risk. He views the shares as a long-term core holding. Schenkel reiterated his Outperform rating on DexCom shares.
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