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BTIG Sticks to Their Buy Rating for Insulet (PODD)

BTIG analyst Marie Thibault reiterated a Buy rating on Insulet (PODDResearch Report) yesterday and set a price target of $285.00. The company’s shares closed last Thursday at $256.01.

According to TipRanks.com, Thibault is a 4-star analyst with an average return of 8.1% and a 34.5% success rate. Thibault covers the Healthcare sector, focusing on stocks such as Establishment Labs Holdings, Irhythm Technologies, and Edwards Lifesciences.

Currently, the analyst consensus on Insulet is a Moderate Buy with an average price target of $276.83.

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Insulet’s market cap is currently $18.09B and has a P/E ratio of 419.10.

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Insulet Corp. is a medical device company. The firm engages in the development, manufacture and marketing of an insulin infusion system for people with insulin-dependent diabetes. It specializes in diabetes supplies, including the OmniPod System as well as other diabetes related products and supplies such as blood glucose testing supplies, traditional insulin pumps, pump supplies, and pharmaceuticals. The company was founded by John L. Brooks III and John T. Garibotto in July 2000 and is headquartered in Acton, MA.

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