Insulet shares are trading lower after Baird downgraded the stock from Outperform to Neutral and lowered its price target from $320 to $219.
Portfolio Pulse from Benzinga Newsdesk
Insulet Corporation's stock has been downgraded by Baird from Outperform to Neutral, with a lowered price target from $320 to $219. This has resulted in a decrease in the trading price of Insulet shares.
August 21, 2023 | 4:07 pm
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Insulet Corporation's stock has been downgraded by Baird, leading to a decrease in its trading price.
The downgrade of Insulet Corporation's stock by Baird from Outperform to Neutral, along with a decrease in the price target, indicates a less optimistic outlook for the company. This has led to a decrease in the trading price of the stock, which is likely to continue in the short term.
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