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Wells Fargo Remains a Buy on Dexcom (DXCM)

Wells Fargo Remains a Buy on Dexcom (DXCM)

Wells Fargo analyst Larry Biegelsen maintained a Buy rating on Dexcom yesterday and set a price target of $98.00. The company's shares closed yesterday at $84.03.
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According to TipRanks, Biegelsen is a 4-star analyst with an average return of 6.1% and a 55.00% success rate. Biegelsen covers the Healthcare sector, focusing on stocks such as Dexcom, Medtronic, and Abbott Laboratories.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Dexcom with a $99.46 average price target, a 18.36% upside from current levels. In a report released on July 16, Mizuho Securities also upgraded the stock to a Buy with a $100.00 price target.
The company has a one-year high of $113.28 and a one-year low of $57.52. Currently, Dexcom has an average volume of 3.6M.
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