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Insulet (NASDAQ:PODD) Rating Lowered to "Hold" at Rothschild & Co Redburn
Rothschild & Co Redburn has downgraded Insulet (NASDAQ:PODD) from a “strong-buy” to a “hold” rating, following several other firms that lowered their target prices. Despite beating Q1 earnings and revenue estimates, Insulet’s stock is currently trading near its 12-month low. The company still holds a “Moderate Buy” consensus rating among analysts with an average target price of $327.24.