Raymond James Maintains Outperform on Insulet, Lowers Price Target to $228
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Jayson Bedford has maintained an Outperform rating on Insulet (NASDAQ:PODD), but lowered the price target from $299 to $228.
September 15, 2023 | 11:45 am
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NEGATIVE IMPACT
Insulet's price target has been lowered from $299 to $228 by Raymond James, though the Outperform rating is maintained.
The lowering of the price target by Raymond James could potentially lead to a negative sentiment among investors, which may put downward pressure on the stock price in the short term. However, the maintained Outperform rating indicates that the analyst still sees potential in the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100