DexCom (DXCM) Shares Get Boost From Wunderlich Initiation

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Get Alerts DXCM Hot Sheet

Price: $75.54 -3.39%

Rating Summary:
31 Buy, 7 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
Up: 11 | Down: 10 | New: 17

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Shares of DexCom (Nasdaq: DXCM) are trading at intraday highs, currently up $0.43 (+5.04%) to $8.97. However, the stock has been beaten down over the past year...52-wk range is $6.75 - 16.91.

There are no significant news releases, but this morning, Wunderlich Securities initiated coverage on the stock with a Buy rating and $12 price target.

The firm said DexCom would make a great acquisition target for one of the larger diabetes players.

DexCom, Inc. is a medical device company focused on the design, development and commercialization of continuous glucose monitoring systems for ambulatory use by people with diabetes and for use by healthcare providers in the hospital for the treatment of both diabetic and non-diabetic patients.

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