BUZZ-DexCom rises as Evercore lifts PT on potential diabetes device insurance coverage

Reuters
Yesterday
BUZZ-DexCom rises as <a href="https://laohu8.com/S/EVR">Evercore</a> lifts PT on potential diabetes device insurance coverage

** Shares of medical device maker DexCom DXCM.O rise 1.93% to $67.21

** Evercore ISI raises PT to $90 and upgrades rating to "outperform"

** Brokerage says DXCM could benefit as U.S. health programmes move toward covering glucose monitors for more patients with Type 2 diabetes who do not use insulin

** Says a clinical study testing DXCM's glucose monitor in these patients, due in 2Q26, could support Medicare coverage in late 2026, giving access to about 12 million patients; commercial insurers may follow

** Brokerage sees faster customer growth from 2028 helped by the roll out of co's new 15-day glucose sensor

** Expects double-digit revenue growth through 2028

** DXCM shares were down over 14% in 2025

(Reporting by Kunal Das in Bengaluru)

((Kunal.Das2@thomsonreuters.com;))

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10