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Insulet initiated with an Outperform at Evercore ISI

Evercore ISI initiated coverage of Insulet (PODD) with an Outperform rating and $370 price target Despite new entrants, Insulet’s unique tubeless form factor is “revolutionizing the insulin pump market,” driving significant growth and the company is poised to maintain its leadership due to its strong market position and broad pharmacy access, the analyst tells investors.

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