B of A Securities Maintains Buy on Insulet, Lowers Price Target to $295
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Travis Steed maintains a Buy rating on Insulet (NASDAQ:PODD) but lowers the price target from $365 to $295.
August 24, 2023 | 4:23 pm
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NEUTRAL IMPACT
Despite a lowered price target from $365 to $295, B of A Securities maintains a Buy rating on Insulet.
The news directly pertains to Insulet (PODD) as B of A Securities has lowered its price target for the company. However, the firm maintains a Buy rating, indicating continued confidence in the company's prospects. This could have a neutral impact on the stock as the lowered price target might be offset by the maintained Buy rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100