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Fly News Breaks for May 10, 2017
PODD
May 10, 2017 | 06:54 EDT
BTIG analyst Sean Lavin upgraded Insulet to Buy from Neutral with a $47 price target citing the selloff in shares following earnings. The analyst said Insulet reported a strong topline beat and raise, with improved gross margin and a growing installed base despite competition. He is not sure what drove the shares down yesterday, but said it provides a better entry point and expects shares to continue to perform well.
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