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Fly News Breaks for March 24, 2017
TNDM
Mar 24, 2017 | 06:19 EDT
B. Riley analyst Greg Chodaczek downgraded Tandem Diabetes to Neutral citing a weakening balance sheet. The "weak" equity offering shows a lack of institutional investor demand, the analyst contends. He cut his price target for the shares to $1.50 from $5.
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