TD Cowen lowered the firm’s price target on Senseonics (SENS) to $15 from $25 and keeps a Buy rating on the shares. The firm updated its model following the recent stock split where their new target applies a sales multiple of 6.75 to our 2028 sales estimate and uses a 12% discount rate to account for commercial execution risk.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SENS: