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Fly News Breaks for October 3, 2019
PODD
Oct 3, 2019 | 07:19 EDT
As previously reported, Guggenheim analyst Chris Pasquale downgraded Insulet to Neutral from Buy after the stock's 98% move higher this year, stating that while he continues to see the company being competitively well positioned, he now sees the risk/reward as less attractive. Additionally, investor expectations have increased following the company's "strong" Q2 results, noted Pasquale, who removed his prior $145 price target on the stock.
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