Wolfe Research analyst Mike Polark upgraded Insulet (PODD) to Outperform from Peer Perform with a $350 price target Insulet is the “share-taking asset” in the pump space and still has “tons” of revenue and margin opportunity ahead, including a potential inflection from type 2 diabetes, the analyst tells investors in a research note. The firm says it “under-reacted” to the company’s positive Q1 preannouncement that accompanied the CEO transition news.
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