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0.000220961920895641 0 -0.00122265596228914 -0.00103115563084639 -0.00220961920895641 -0.00699712749502848 -0.005450394048759 -0.00449289239154462
Stock impact report

DexCom (DXCM) Stock Trades Down, Here Is Why [Yahoo! Finance]

DexCom, Inc. (DXCM) 
Last dexcom, inc. earnings: 4/28 04:03 pm Check Earnings Report
US:NASDAQ Investor Relations: dexcom.com/investors
Company Research Source: Yahoo! Finance
price targets on the stock, citing concerns over the company's growth prospects and valuation. The move came as Jake Leach officially took on the role of President and CEO. Piper Sandler reduced its price target to $75 from $100, expressing worries over a potential slowdown in growth as suggested by the company's year-end guidance. Similarly, Bernstein cut its price target to $84 from $98 because of valuation concerns. Despite the target reductions, both firms kept their positive ratings on the stock. Not all analyst sentiment was negative, however, as Leerink Partners raised its price target for DexCom to $92 from $81, pointing to improved data for the company's G7 device. The stock market overreacts to news, and big price drops can present good opportunties to buy high-quality stocks. Is now the time to buy DexCom? Access our full analysis report here DexCom's shares are quite volatile and have had 15 moves greater than 5% over the last year. In that context, today's move indi Show less Read more
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