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Fly News Breaks for February 22, 2018
PODD
Feb 22, 2018 | 04:55 EDT
Barclays analyst Matthew Taylor raised his price target for Insulet to $90 saying upside in both U.S. and international Omnipod revenue was a positive surprise in Q4. Install base growth remains strong and international growth has not been impacted by the pending transition to a direct selling model, Taylor tells investors in a post-earnings research note. The analyst sees "several catalysts" that should support growth over the next few years and continues to recommend Insulet with an Overweight rating.
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