Citi Identifies Competitive Pressure as Key Risk for Insulet Corporation (PODD)
Citigroup has downgraded Insulet Corporation (PODD) from Buy to Neutral, citing rising competition in the patch pump market as a key risk. The firm also noted that upcoming rival devices expected in 2027 could limit the stock's performance. Insulet appointed Mike Panos as Chief Commercial Officer to support its growth strategy.
Tickers: $PODD
Topics: Citi analyst downgrade Executive appointment Insulet Corporation Market competition Stock price target change