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Mizuho Securities Remains a Buy on Dexcom (DXCM)

Tipranks - Tipranks - Tue Apr 14, 10:03AM CDT

Mizuho Securities analyst Anthony Petrone maintained a Buy rating on Dexcom today and set a price target of $90.00.

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According to TipRanks, Petrone is a 4-star analyst with an average return of 5.4% and a 47.33% success rate. Petrone covers the Healthcare sector, focusing on stocks such as Pulse Biosciences, Haemonetics, and Lantheus.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Dexcom with a $86.50 average price target.

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Based on Dexcom’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.26 billion and a net profit of $267.3 million. In comparison, last year the company earned a revenue of $1.11 billion and had a net profit of $151.7 million

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