Jayson Bedford analyst at Raymond James reiterates coverage on Dexcom (DXCM) stock in the Healthcare sector with a Buy rating. TipRanks.com has Bedford rated as a 4.9 star analyst with a 63% return on investment and a 10.7% success rate. Bedford has set a price target of $131.
TipRanks.com reports that Dexcom stock currently has 5 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target for DXCM's stock is $138.80. The target pricing ranges from a high forecast of $155 down to a low forecast of $130. Dexcom (DXCM)’s stock last closing price was $96.35 which would put the average price target at 52.02% upside.
In addition, TradingView issued a Strong sell
rating for DXCM's stock over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on DXCM stock.
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TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
This article was pulled from healthtechmovers.com as they are an authority in the HealthTech Stock Sector. HealthTechMovers.com keeps investors informed of trending healthcare stocks, health insurance stocks, healthcare technology stocks, biotechnology stocks, pharmaceutical stocks, healthcare service provider stocks, life science stocks and more.
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