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Why DexCom Stock Rallied on Monday

TheMotleyFool 
0 0 16.10.23
Why DexCom Stock Rallied on MondayPhoto, wide shot, wide-angle lens, Mental health care service, Midday, harsh overhead sunlight, directional sunlightt, photo by Art Wolfe: https://img.midjourneyapi.xyz/temp/7ce3b930-5e2a-4215-b686-0ad0eb0b922a.png
 

Shares of (NASDAQ: DXCM) surged higher on Monday, gaining as much as 5.3%. As of 3:04 p.m. ET, the stock was still up 3.6%.

The catalyst that sent the medical device maker higher was bullish commentary by one Wall Street analyst.

Leerink analysts initiated coverage of DexCom with an outperform rating, while simultaneously assigning a $110 price target, according to The Fly. This would represent potential gains of 44% compared to the stock's closing price on Friday. 

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Source Fool.com

Dexcom Inc. Stock

€73.40
0.550%
The Dexcom Inc. stock is trending slightly upwards today, with an increase of €0.40 (0.550%) compared to yesterday's price.
With 54 Buy predictions and 2 Sell predictions Dexcom Inc. is one of the favorites of our community.
As a result the target price of 75 € shows a slightly positive potential of 2.18% compared to the current price of 73.4 € for Dexcom Inc..
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