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Fly News Breaks for February 26, 2019
PODD
Feb 26, 2019 | 08:21 EDT
Baird analyst Jeff Johnson said Q4 results for Insulet were positive, but the shares will likely open lower as the guidance was slightly below Street expectations and implies decelerating growth over the next few quarters. The analyst said he would be a buyer on the expected weakness, as he sees a credible path to accelerating share gains for the company upon launch of Horizon later this year. Johnson reiterated his Outperform rating and $118 price target on Insulet shares.
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