RBC Capital raised the firm’s price target on Tandem Diabetes (TNDM) to $30 from $25 and keeps an Outperform rating on the shares as part of a broader research note previewing 2026 for Medical Supplies & Devices. The firm anticipates a year of positive momentum as sector fundamentals are solidly intact driven by the aging demographics, growing global healthcare access, and differentiated innovation, the analyst tells investors in a research note. For the company, RBC notes that it continues to benefit from Mobi adoption and has the best in-class algorithm controlling its AID systems, also stating that Tandem’s global addressable market is expanding, positioning it for revenue upside.
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Read More on TNDM:
- Tandem Diabetes price target raised to $35 from $24 at Canaccord
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