Barclays lowered the firm’s price target on Tandem Diabetes (TNDM) to $51 from $53 and keeps an Overweight rating on the shares. The firm views the stock as “significantly oversold” post earnings and believes the pullback provides an attractive buying opportunity.
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Read More on TNDM:
- Positive Outlook for Tandem Diabetes Care: Buy Rating Reaffirmed Amid Growth Catalysts and Strategic Opportunities
- Tandem Diabetes Care’s Earnings Call Highlights Growth and Challenges
- Tandem Diabetes Care Gains FDA Clearance for SteadiSet
- Tandem Diabetes price target lowered to $20 from $27 at TD Cowen
- Tandem Diabetes price target lowered to $24 from $59 at Canaccord
