DexCom (DXCM) Misses Q3 EPS by 9c
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Leerink Partners Cuts Price Target on DexCom (DXCM) Following 3Q
November 2, 2016 8:29 AM EDTLeerink Partners maintained an Outperform rating on DexCom (NASDAQ: DXCM), and cut the price target to $100.00 (from $115.00), following the company's 3Q earnings report. DXCM reported revenue of $148.6M, ahead of the Streets $146.6M. Higher OpEx drove EPS below expectations.
Analyst Danielle Antalffy commented, "DXCM shares could underperform today despite a 3Q16 sales beat given: (1) The company... More
