Barclays lowered the firm’s price target on DexCom (DXCM) to $67 from $72 and keeps an Underweight rating on the shares. The firm remains concerned over rising competition following the company’s Q1 beat.
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Read More on DXCM:
- Buy Rating Reaffirmed on Dexcom as Margin Strength and Global Patient Growth Offset U.S. CGM Concerns; Price Target Reset to $75
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