In the latest quarter, 15 analysts provided ratings for Tandem Diabetes Care (NASDAQ:TNDM), showcasing a mix of bullish and bearish perspectives.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
Bullish
Somewhat Bullish
Indifferent
Somewhat Bearish
Bearish
Total Ratings
6
6
3
0
0
Last 30D
0
1
0
0
0
1M Ago
4
0
0
0
0
2M Ago
1
5
1
0
0
3M Ago
1
0
2
0
0
Analysts have recently evaluated Tandem Diabetes Care and provided 12-month price targets. The average target is $48.8, accompanied by a high estimate of $75.00 and a low estimate of $31.00. Witnessing a positive shift, the current average has risen by 33.7% from the previous average price target of $36.50.
Analyzing Analyst Ratings: A Detailed Breakdown
The standing of Tandem Diabetes Care among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst
Analyst Firm
Action Taken
Rating
Current Price Target
Prior Price Target
Steven Lichtman
Oppenheimer
Raises
Outperform
$58.00
$47.00
Issie Kirby
Redburn Atlantic
Announces
Buy
$60.00
-
Brooks O'Neil
Lake Street
Raises
Buy
$75.00
$60.00
Joanne Wuensch
Citigroup
Raises
Buy
$57.00
$40.00
Mathew Blackman
Stifel
Raises
Buy
$55.00
$45.00
Matt Miksic
Barclays
Raises
Overweight
$55.00
$39.00
Larry Biegelsen
Wells Fargo
Raises
Overweight
$50.00
$45.00
Matt O'Brien
Piper Sandler
Raises
Overweight
$50.00
$35.00
Jeff Johnson
Baird
Raises
Neutral
$36.00
$28.00
Larry Biegelsen
Wells Fargo
Raises
Overweight
$45.00
$21.00
Mike Kratky
Leerink Partners
Raises
Outperform
$45.00
$34.00
Mathew Blackman
Stifel
Raises
Buy
$40.00
$37.00
Joanne Wuensch
Citigroup
Raises
Neutral
$38.00
$31.00
Mathew Blackman
Stifel
Raises
Buy
$37.00
$24.00
Joanne Wuensch
Citigroup
Raises
Neutral
$31.00
$25.00
Key Insights:
Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Tandem Diabetes Care. ...Full story available on Benzinga.com
Benzinga