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Fly News Breaks for June 4, 2018
PODD
Jun 4, 2018 | 08:53 EDT
Piper Jaffray analyst JP McKim raised his price target for Insulet to $106 after the company announced the approval of Dash. While Dash coming free with the purchase of pods is slight revenue and gross margin headwind, it will greatly improve patient access, more than offsetting these headwinds, McKim tells investors in a research note. He continues to recommend investors own the stock and keeps an Overweight rating on Insulet.
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