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DexCom price target lowered to $110 from $150 at TD Cowen

TD Cowen lowered the firm’s price target on DexCom to $110 from $150 and keeps an Outperform rating on the shares. The firm said they posted impressive 3Q results, with revenue and EPS easily topping Street projections. They also announced a $500M share repurchase program in tandem with the 3Q report.

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