Wells Fargo Upgrades Tandem Diabetes Care to Overweight, Raises Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Larry Biegelsen upgraded Tandem Diabetes Care (TNDM) from Equal-Weight to Overweight and increased the price target from $21 to $45.

April 29, 2024 | 1:57 pm
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Wells Fargo upgraded Tandem Diabetes Care to Overweight and raised the price target to $45.
Upgrades by major financial institutions like Wells Fargo typically lead to positive short-term price movements for stocks. The substantial increase in the price target from $21 to $45 reflects a strong confidence in Tandem Diabetes Care's future performance, likely influencing investor sentiment and potentially driving the stock price up in the short term.
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